Generic Engineering Technical Update

Thursday, February 2 Leave a Comment

Unions Budget is having lot of Thrust on Infrastructure spend Stocks in construction and Infra sector should get benefited from this. Generic Construction we have been tracking this stock, and its moving along the technical line suggesting more upside can be seen in this stock based on current technical structure.
Generic Engineering We covered this stock on Monday and Thursday and 16 Jan   Stock has seen decent bounce from 83 levels and made high of 112.

Generic Daily Chart with Channel


As seen in daily chart stock corrected from upper end of channel

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