GENUSPOWER — Trading Ideas on TradingView

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

Genus Power Infra: Bullish Breakout – Buy now for higher targets 🔍 Technical Analysis: NSE:GENUSPOWER (NSE: GENUSPOWER) 1️⃣ Overview: 📈 Current Market Price (CMP): ₹430.15 (+2.26%) 🗓️ Date & Time: As of 15:25 (UTC+5:30) 🕹️ Chart Analysis: Daily (1D) 2️⃣ Technical Indicators Overview: 📊 Moving Averages: 🟢 50-Day EMA: ₹399.89, currently acting as a support zone. 🔵 200-Day EMA: ₹332.71, indicating the longer-term trend remains positive. 📦 Volume Profile: Strong demand visible between ₹360-₹380, suggesting robust buying interest at lower levels. 📈 MACD: Bullish crossover with the MACD line above the signal line, implying momentum is still positive. MACD Line: 3.76 Signal Line: 1.04 Histogram: 📈 Positive, indicating rising momentum. 📉 Williams %R (14): At -5.59, signaling overbought conditions, which might result in a short-term pullback. 💹 Stochastic RSI (14, 3): At 100, indicating strong bullish momentum, though caution is advised as overbought zones can precede minor corrections. 🟣 Parabolic SAR: Positioned below the price, supporting the ongoing uptrend. 3️⃣ Fibonacci Retracement Levels: The stock is retracing from the swing high of ₹451.55 to the swing low of ₹351.05. 📐 38.2% Retracement: ₹399.30 – Strong support. 📐 50% Retracement: ₹414.05 – Intermediate resistance. 📐 61.8% Retracement: ₹428.80 – Currently breached, signaling bullish strength. 📐 78.6% Retracement: ₹442.80 – Next resistance level to watch . 4️⃣ Rationale for Buy: 🚀 Breakout above 61.8% Fibonacci Level: The breach above ₹428.80 indicates a potential continuation of the upward move. 🔥 Bullish Momentum: MACD crossover, Stochastic RSI in overbought territory, and Parabolic SAR below the price all point to a continuation of the bullish trend. 📈 Volume Surge: Increased volume activity supports the bullish move, suggesting robust buying interest. 📦 Demand Zone: The significant demand between ₹360-₹380 acts as a strong base, providing a good risk-reward opportunity for entry. 5️⃣ Recommendation: 🔔 Action: Buy 🎯 Target 1: ₹442.80 (78.6% Fibonacci Level) 🎯 Target 2: ₹451.55 (Recent Swing High) 🛑 Stop Loss: ₹414.05 (50% Fibonacci Level) to protect against downside risk. 6️⃣ Risk Management: 📥 Entry Strategy: Consider entering near the current price or on minor pullbacks towards the 61.8% retracement level (₹428.80). ⚖️ Risk-to-Reward Ratio: The trade setup offers a favorable risk-to-reward ratio of at least 1:2 based on defined targets and stop-loss levels. ⚠️ Disclaimer: This analysis is based on technical indicators and market patterns and is intended for educational purposes. Market conditions may change, and this is not investment advice. Please conduct your own research or consult a financial advisor before making trading decisions. #GenusPower 🚀 #TechnicalAnalysis 📊 #StockMarket 📈 #FibonacciLevels 📐 #SwingTrading 💹 #MACD 🔵 #StochasticRSI 💠 #VolumeProfile 📦 #BuyRecommendation 🛒 #IndianStocks 🇮🇳 #NSE 📉 #FinogentSolutions 💼

GENUSPOWER- Bullish Breakout and Strong Volume Support 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 bullish move. Positive RSI: The Relative Strength Index (RSI) is above 50, suggesting continued momentum in the upward direction.

#genus power ready for next leg of rally?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). Since my proprietary indicator is telling me that there can be some sort of pullback so I would like to wait for it to initiate long or take small qty once it close above 338 and add more once it starts moving up or comes down to 274 level. Once it will start moving up I would like to trail it for higher targets till 577.

Genus Power Infra Rounding Bottom Breakout Stay long above 85 in Genus Power Infra. Clear Rounding Bottom pattern breakout above 85 in daily time frame . Target 140

GENUS POWER 🎯100. 1:5 RR PLAY 🔥📈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 channel. Risky traders can enter now at 70-71 levels, placing stop loss below the trendline and go for a 5:1 RR play. (Add more quantity if price takes one more support from trendline.) Safe traders wait for price to breakout of the parallel channel pattern and enter, adding more quantity after retrace. Targets: 80/95/100+ Sl: below 63 BEWARE OUR ANALYSIS CAN ALWAYS GO WRONG. A BREAKDOWN CAN ALSO HAPPEN, HENCE THE STOPLOSS. TIP: Follow stoploss on closing basis instead of open market hours. Position size accordingly. HAPPY TRADING!