Genesys Trying to breakout from Consolidation

Stock: Genesys Intl Corp Ltd (GENESYS)
Setup Overview:
Pattern: Trying to Breakout from a consolidation zone.
Volume: Moderate, confirming a breakout attempt, but needs more conviction.
Key Levels:
Entry after a confirmed close above ₹1,055.35 for safe traders.
Target: ₹1,230.85
Risk Considerations:
Trading against the broader trend; breakout setups in such cases have a higher failure probability.
Manage risk with appropriate position sizing.
Trade light to mitigate potential losses.
- Entry: ₹1,055.35 (after a closing above this level for confirmation)
- Stop Loss: ₹919.70 (on a closing basis)
- Target: ₹1,230.85
Setup Overview:
Pattern: Trying to Breakout from a consolidation zone.
Volume: Moderate, confirming a breakout attempt, but needs more conviction.
Key Levels:
Entry after a confirmed close above ₹1,055.35 for safe traders.
Target: ₹1,230.85
Risk Considerations:
Trading against the broader trend; breakout setups in such cases have a higher failure probability.
Manage risk with appropriate position sizing.
Trade light to mitigate potential losses.
Orden cancelada
Trade not active. Fell out of base. Could be a potential stage 4. Avoid Publicaciones relacionadas
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.