Channel BO & Double bottom BO - Praj Inds on daily chart
beautiful set up on chart, long consolidation... Channel BO candidate, double bottom candidate, RSI BO, RSI @ 69 (good) & Increase in volumes over the consolidation period...all makes it a perfect BO candidate..a perfect text book example!.wait & watch..will it give a BO?
Disc : Invested, not a reco for Buy/sell
Disc : Invested, not a reco for Buy/sell
Note
Nice BO given by Praj, 32 points movement with substantial volume since Jan 6, closed well above the 400 mark. Weekly close above 405 next week will be a strong closing.Disc; Not a reco, chart for education purpose only.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.