 "technicals")
BUY
GENUS POWER
TARGET: Rs 120
STOP LOSS: Rs 95
Recently the stock GENUS POWER confirmed a multi-year breakout above the Rs 95 mark and that too at its life time high. The breakout was supported with exceptional volumes. The theoretical target for breakout comes around Rs 130 – Rs 140 in the coming few months. Thus, short term traders can accumulate the stock in the range of Rs 105 - Rs 102 with a stop loss of Rs 95 for an upside target of Rs 120 in the coming 2 – 3 weeks.
BUY
JSWSTEEL
TARGET: Rs 760
STOP LOSS: Rs 680
After a one-sided rally from Rs
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