PRAJIND: Stock can see 600+ levels soon!
1. Stock has been consolidating for over year now.
2. Did attempt channel break out but failed. Attempted it again.
3. 448 is the spot where stock faced resistance (ATH) and fell twice from same levels.
4. Stock may again attempt to break 448 and sustain above it. 450 being a round number sounds better trigger to enter.
5. Weekly closing above 450 can lead stock to 600+ levels in coming weeks. Keep in watchlist.
6. Consult your financial adviser before investing. If worth it, do Like, Share and Comment.
2. Did attempt channel break out but failed. Attempted it again.
3. 448 is the spot where stock faced resistance (ATH) and fell twice from same levels.
4. Stock may again attempt to break 448 and sustain above it. 450 being a round number sounds better trigger to enter.
5. Weekly closing above 450 can lead stock to 600+ levels in coming weeks. Keep in watchlist.
6. Consult your financial adviser before investing. If worth it, do Like, Share and Comment.
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