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NamantSatiya
Jul 25, 2017 5:39 PM

Trade Setup for 26th July- PRAKASH INDUSTRIES Long

PRAKASH INDUSTRIESNSE

Description

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
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