Girish Updated   
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.
Comment: 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.
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.

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.