GenuineTrader-GT

GenuineTrader-GT Updated 

NSE:NIFTY Well the Trend is positive in Nifty 50 and other indices but a possibility of short reversal and pause cannot be ignore so, A short trade below 19225 can be initiated if market cross this level with time for holding around 3-7 weeks with tight stop loss above 19380 above, Stop loss is very necessary as the market is in uptrend but as the...

GenuineTrader-GT Updated 

Zee Ent recently test its week low and shows point of rejection the stock will pick momentum once it start breaching level of 195 and 199 with considerable volume so here is the long Position shall be initiated at 195 level with strict Stop loss of 170 below and further quantity shall be added on cross level of 199,200 with stop below 175 and this trade can be...

GenuineTrader-GT

BIRLACORPN given successful closing above 52 week high Rs 1143 a long position can be around this price and Strict Stop loss of Rs 55 that mean exit the position if come near Rs 1087 as the move fail. Reason behind long is the strong bas formation 944-855 and break out of 52wk high with considerable volume. Target will be around all time high and more will be...

GenuineTrader-GT

There is bearish divergence around current level a short trade can be planned in the coming future and mentioned level in the chart. with a strict a stop loss of 175, the reason behind the short is there is and extended rally without any correction.

GenuineTrader-GT Updated 

Relaxo is one of the beaten down candidate from it's sector with on manufacturing unit and a strong customer base, as the demand rebound and the story of India's growth continue to hold and significant upside is open, on the fundamental note the top and bottom line continue to grow at moderate growth rate and there is growth that has to unfold in the coming year...