Praj industries has been consolidating in a Darvas box since past 2 years. The stock is a major palyer in ethanol industry which is used an alternative to petrol in automobile. The stock is looking strong for a breakout of this consolidation which would be a monthly closing above 440. Accumalate this stock on dips. Best buy zone is 380-400. This idea is for...
Ethanol Story looks strong and post expansion numbers will come better. Buy @ 435 SL 360 Target : 550 - 635 - 750++
#praj Praj industry looks getting ready for Inv HS BO. Will take pilot position on Day close above 430 And final position on DC > 445 #vr
One more stock from Ethanol space, Praj industries!! Brilliant chart, price action, management, and operation space! could be a potential multibagger.
one of my fav picks from ethanol sector in small-cap stocks is Dwarikesh! Have prospects for high upside, brilliant recent breakout! Keep an eye and build position rationally!
Balrampur Chinni Mills today made a good come back to close at 319 level and once 340 level is broken then target 350 level is achievable.
Buy Praj India for 2 months, it may fly, Ethanol company, always good return m, now the time to buy this, it will never give loss if you will buy for long term
Another 20% move up can be expected once stock bounces back from the green trend line. tgt arnd 580-600 Full Disclaimer: I own this stock as part of my portfolio. For me it was a value pick as the fundamentals are amazing and business has picked up really well in last few years.. However, at this price it is not a value pick..