There were some good announcement by Management in last week which fueled the rally for stocks, As we always say Price knows well in advance and we were able to capitalize on the rally.
Weekly/Daily Chart looks very bullish stock is holding to it long term trendline. Also forming the Pennant Pattern suggesting another small breakout on cards. Till we are holding 250-55 range at lower end stock can scale towards 277/300 easily.
Remember the Golden Technical Rule Ride the Trend till it bends. Stock is Listed on BSE and Ticker is GENCON.
Fresh Long in Range 267-68 Target 277/289/301 SL should be kept at 255 on closing basis
This is not an investment pick as I am not expert in Fundamental analysis but a short term pick for gain of purely based on Technical Analysis.Please also do your own study before trading this stock and trade in small quantity.