abhaychakravarthi

PRAJIND Swing Trade

Long
NSE:PRAJIND   PRAJ INDUSTRIES
Buyers defended 300 Level 5-6 times.

Great entry above 350. Stop below 300. Target 500. which makes a decent Risk:Reward of about 1:3 - 1:4

One of the Largest Ethanol Player.

Net debt free company
PAT CAGR 30%++
Revenue CAGR 25%++
ROCE 20%++


Not a recommendation.
Trade active
Comment:
Trailing Stop loss to 330
Comment:
Trailing Stop Loss to 350
Comment:
Moving exactly as predicted. Target almost reached.
Trade closed: target reached:
Excellent Entry. Excellent trade.
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.