PRAJINDPRAJIND has given inverted H&S pattern breakout. It is trading continously higher despite market correction. Market participation is also increased. It is trading nr ATH. Keep it in watchlist.
PRAJIND
Praj Industries big breakout expected triangle pattern.More upside expected after the breakout from this triangle Pattern and range consolidation.
Easy and great fundamentals.
Praj Industries Ltd - Trading BoxPraj Industries Ltd has formed a rounding pattern from November 2023 to June 2024, followed by a breakout and subsequent retest. Although the price initially surged, the target has not yet been reached. Currently, the stock is trading in a range with support at 715 and resistance around 820. Recent high volumes suggest a potential upside breakout is imminent, with both the range target and rounding pattern target aligning at 950. This confluence strengthens the bullish outlook for the stock.
Disclaimer
Please Note Above analysis will work if price pierced and closed above resistance zone.
PRAJ INDUSTRIESPraj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries. It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry.
Its product portfolio is diversified into BioEnergy, Praj HiPurity Systems, Critical Process Equipment & Skids, Wastewater Treatment, and Brewery & Beverages.
After a Wolfe Wave, the moves can be explosive. lets see.
Double Moving Averages Crossover Swing Trade📊 Script: CHOLAFIN
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 1337
🟢 Target 🎯🏆 - 1443
⚠️ Stoploss ☠️🚫 - 1295
📊 Script: PRAJIND
📊 Sector: Capital Goods-Non Electrical Equipment
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 590
🟢 Target 🎯🏆 - 623
⚠️ Stoploss ☠️🚫 - 574
📊 Script: LATENTVIEW
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 514
🟢 Target 🎯🏆 - 543
⚠️ Stoploss ☠️🚫 - 503
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Accumalate this stock before it flies!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 investment perspective only.
Amazing swing trading idea for 26 March Markets I make educational content videos for swing / positional trading
PRAJIND - Long Setup, Move is ON..NSE:PRAJIND
✅ #PRAJIND trading near Resistance of 551
✅ Next Resistance is at 702
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PRAJ INDUSTRIES - BREAKING OUT OF LONG CONSOLIDATIONPost 14 yrs of breakout in 2021 (>273 levels), it has consolidated for nearly 18-19 months in the range of 290-460 and made a double top as well arnd 460 in Oct 2022 which has been taken off today. The volumes were above average since July 2023 indicating a possible move here.
Initial targets of 600-620 are approaching
#stepup
#teekhatrader
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
PRAJIND Hourly looking bullishPRAJIND Hourly has trendline breakout/flag n pole like structure, Good to buy at 429 for targets of 458 with sl below 419
This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
PRAJ INDUSTRIES - Swing tradePRAJ INDUSTRIES - Swing trade
A good breakout and retest candidate with good volumes. Can aim for new ATH 🚀
Exciting Bullish Pattern Alert!📈 Exciting Bullish Pattern Alert!
📊 Pattern: Triangle Breakout And Retest
📌 Symbol/Asset: PRAJIND
🔍 Description:
Potential Upside Possible if sustain above 390 level
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Will the Diamond Show its true colorHigh Probability -> Dangerous -> Diamond Reversal Pattern formed
In addition. Double Top near 445-455 range
Initial support has been hit 3 times....next time it hits after making lower highs, it would be very difficult for the support to hold the price.
Time to be extra extra cautious in the stock....
Stay Safe Stay Healthy !
Praj Ind : Praj Karega Raj !!!!
Good Day
Hello Traders,
Praj Industries is coming out of big long consolidation of last since May 2021.
Price consolidated between 287 to 448. Now its ready to enter into a different zone as it broke the all-time High.
In the current situation where market are not looking good this stock had shown strength.
As per Fibonacci , the next target which are coming is 542 , 700 ,858.
Hold it for atleast 8 to 12 months.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Praj Industries (PRAJIND)... positional viewWith a bullish candle formation on Friday, the upward momentum looks promising in Praj Industries. Sustaining price levels above 390 is important.
On the positive side, then one can expect initial target of 410 and 440. Beyond 450 can see substantial move on the upside.
Support level at 365 and 350. Below 350 one can initiate stop loss.
Not a buy/sell recommendation. Please consult your financial advisor.
Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout📊 Script: PRAJIND (PRAJ INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
📊 Sector: Industrials Capital Goods
📊 Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle + Ascending Triangle.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 443
🟢 Target 🎯🏆 - 500
⚠️ Stoploss ☠️🚫 - 414
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
3 Mid term trade ideas and Index analysis for 7 October Markets I daily make educational content videos for financial markets
PRAJINDNSE:PRAJIND
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
PrajIndustriesPrior Uptrend
In consolidation with good base
Range is forming in base
Take position with good entry of less Risk high Reward
Praj - C&H & Trendline BO candidtaePraj looks for C&H & Trendline BO. The stock was up today 5.355 in this falling market. The volumes has been quite good. 440 is the next resistance, closing above 440 with good volume will open gate for ATH. Disc; Not a reco - for education purpose. DYOR. Holding from lower levels.
Praj ready for next breakout#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
