Bullish Breakout Above Resistance: The stock has broken above a significant resistance level at ₹389.10, indicating a bullish trend. Range Trading Since July: The stock had been trading within a range from July, between ₹343.70 and ₹389.10, before the breakout. Strong Volume Support: The recent breakout is supported by good volume, adding strength to the...
Genus power after breaking out in May 2023 has moved around 164% in a span of 1 year. Then corrected around 26% and once again it has started moving up. This week it tested a strong fib resistance level of 338 and if this or next week manages to sustain above this number then it can try to touch 1) 366 2) 387 3)398 4)413(imp level) 5)443 6) 463 7) 490(imp level)....
Stay long above 85 in Genus Power Infra. Clear Rounding Bottom pattern breakout above 85 in daily time frame . Target 140
NSE:GENUSPOWER is moving in 2 patterns: A parallel channel and an expanding channel pattern, with the latter being the bigger pattern. Price did breakout out from the channel 2 times but witnessed big selling pressure, leading to formation of the expanding channel pattern. C.M.P is running near the trendline support and the resistance of the parallel...