Genus Power Infra (175)
GENUS POWER INFRASTRUCTURE closed up 4.950 at 174.800. Volume was 78% above average (neutral) and Bollinger Bands were 28% narrower than normal.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
- We are only interested in a long position.
- The momentum is up.
- The upward momentum is accelerating.
- If not already long this is a good place to look for a Valid signal to buy.
Bharat Mudgal’s comments:
GENUS POWER has been in a downtrend from January 2008 when it was at 950/- and beaten down to 69. The stock then recovered and peaked up to 283. The stock is now showing some strength and may move up to 184 > 212 > 280 in the coming months. One may buy with stopLoss at 155 on a closing basis.
Category: Market Trend Report
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Target 1 attained. up 6% now.
really amazing call by mudgal sir genus power attained first tgt . thank u mudgal sir
gr8 cal sir i bt it@172 n i sold it@201, thank u mudgal sir