NSE: Praj Industries Breakout above 131

Updated

NSE: Praj Industries Breakout above 131
Breakout from long consolidation rage of 131 to 73 with heavy volume
More upside on daily charts
Possible long with stoploss of 131 for a target of 157, 167, 190 & 224 in short term
Trade active
Not able to cross above 165 level, retraced to 0.786 level. 0.618 might show reversal
Trade active
0.618 might looks to be support at 109
FibonacciSupport and ResistanceTrend Lines

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