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AbNamjoshi
Jan 9, 2022 1:03 PM

Chart of the week. Praj Industries. 9/1/22. Long

PRAJ INDUSTRIESNSE

Description

After months of consolidation, Praj has given a up flag breakout on its weekly chart. The trading Volume was high on closing basis, therefore, I recommend to buy this stock as Medium to long term. One can buy agreesively if the stock manages to close above 375 on monthly basis.

Target - 475, 591, 700 and 750 Weekly
SL - 300 Weekly closing basis.
View - Medium to Long term.
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