PRAJ INDUSTRIES LTD
Short

This stock has turned bearish

445
Fib Analysis- 646 is the Fib resistance. It is the 100% of the previous swing. So we have a price resistance.

Candlestick - At the price resistance we have a reversal pattern Railway track which is a directional signal.

RSI & Composite- we have a -ve divergence in both the oscillators.

Conclusion - Use any bounce back to exit this counter. Below 512 exit this counter.

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.