After a 12 years long consolidation phase which began in Oct '2008, Praj Industries broke out in the month Mar '21 and rose from a low of 152 to a high of 407 before trading in a range to form an ascending channel pattern. After a failed breakout in Sep '23, the scrip has successfully broken out of the ascending channel rising 15% in the ongoing month of Nov...
Praj Industries - Long Buy & Accumulate Zone: ₹ 505-₹ 508 Target 1 : ₹ 482.4 Target 2 : ₹ 559.9 Target 3 : ₹ 601.7 Support: ₹ 482- ₹483 T rade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I...
Stock is on the half way of round bottom pattern, good volumes also seen, BO above marked level will open door for ATH targets.
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...
Praj industries had been consolidating within a range for a long time and there seems to be a breakout. But we need to wait for confirmation. Points in favor of the upside move: W pattern formed and neckline broken. Breakout from range with a gap-up candle (full bullish candle) How should we move ahead? We need to wait for few days and see the price action to...
One more stock from Ethanol space, Praj industries!! Brilliant chart, price action, management, and operation space! could be a potential multibagger.
PRAJIND consolidation phase breakout. Expect upside moment sooner. Target Levels 450 / 490 SL - 350 Short Term (1-3months) View based on general market trend. Not a buy recommendation. Only for educational purpose.
Praj Industries took support on 50 100 200 SMA and under 30 SMA. Expecting bounce in this 1 - 2 weeks.
PRAJIND stock price crossed first 163 price range and then finally gives crossed 280 multi year price range breakout. Best price to buy this stock is when ever it's come to weekly demand zone 218-235 or around breakout point 260-280