GENUS POWER LONG CMP :375
Details mentioned in chart
Disclaimer:
This publication is strictly for educational and informational purposes only and should not be construed as investment advice, a trading recommendation, or a solicitation to buy or sell any securities. The analysis and views expressed are solely my personal opinions and may contain inherent biases. I may or may not have a position in the securities discussed at the time of writing. Please do your own research and consult with a qualified financial advisor before making any trading or investment decisions. Trading and investing in financial markets involves substantial risk, and you are solely responsible for your own decisions and outcomes.
Market Cap
₹ 11,409 Cr.
Current Price
₹ 375
High / Low
₹ 486 / 237
Stock P/E
38.9
Book Value
₹ 60.8
Dividend Yield
0.16 %
ROCE
19.2 %
ROE
17.2 %
Face Value
₹ 1.00
Genuspowerinfrapricetrendanalysis
A Screen shot in the life cycle of a Multibagger NSE:GENUSPOWER BSE:GENUSPOWER
Kumo green support, S1 pivot support, ML of PF support and bullish divergence...
All points to most probable bottom formtion, reversal is likely , the bullish macd divergence promotes the price failure principle of the pitchfork where in there should be reflection from the median line of the pitchfork...
The resistance area is the -.786 level of the previous trends and then the R1 resistance level of the pivot point system which coincides with the 1.27 fibo level of he previous trend..
Any break of the tredlines marks the area for stoplosses
Disclaimer... No current Investment....Looking to enter after confirmed reversal....
Not an investment/trading recommendation