Praj Industries (PRAJIND)... positional view
With a bullish candle formation on Friday, the upward momentum looks promising in Praj Industries. Sustaining price levels above 390 is important.
On the positive side, then one can expect initial target of 410 and 440. Beyond 450 can see substantial move on the upside.
Support level at 365 and 350. Below 350 one can initiate stop loss.
Not a buy/sell recommendation. Please consult your financial advisor.
On the positive side, then one can expect initial target of 410 and 440. Beyond 450 can see substantial move on the upside.
Support level at 365 and 350. Below 350 one can initiate stop loss.
Not a buy/sell recommendation. Please consult your financial advisor.
Comment:
Touched 412 today.
Comment:
440 achieved.