NamantSatiya
Long

Trade Setup for 26th July- PRAKASH INDUSTRIES

NSE:PRAKASH   PRAKASH INDUSTRIES
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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!
Comment: 141 now,Trail Sl to 136 on closing basis.
Now it is around Rs.103....... does look bearish. Right time to short?
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