PRAKASH INDUSTRIES

Jan 10, 2017

PRAKASH INDUSTRIES is heading towards a resistance zone on the weekly charts near 65-68. A break-out above this zone, will be interesting candidate for long.

For now, watch mode.

Above the resistance zone, will initiate longs.

Jan 20, 2017

Note

With today's open, price seems to be breaking out above 65-68 zone. A weekly close above this zone can be a trend changer for the stock.

Long above 68 (on close) SL last week low.

Jul 19, 2017

Trade active

Stock is closing above previous weekly swing highs. It's a break-out on longer Timeframe charts. Expect more upside in the next few weeks.