Trade Setup for 26th July- PRAKASH INDUSTRIES
Prakash Industries has rallied from about 100 to 139 and now has formed a pennant pattern on hourly charts. Also there is a bullish hidden RSI divergence.
Buy tomorrow on opening with a strict SL of 132 for a target of 150 and 155 in 2-3days only.
Risk to Reward Ratio- 1:4 almost
Time frame - 3days only
Potential Upside - 10%-12%
Goodluck Trading!
Buy tomorrow on opening with a strict SL of 132 for a target of 150 and 155 in 2-3days only.
Risk to Reward Ratio- 1:4 almost
Time frame - 3days only
Potential Upside - 10%-12%
Goodluck Trading!
Note
141 now,Trail Sl to 136 on closing basis.
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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.
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.