Get started

Prajindbreakout

PRAJ INDUSTRIES: Breakout from Ascending Channel( 1M Chart)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 '23. Target 1: 814 Target 2: 1044 (Upside Potential: 69%) Holding Period: Max 1 year
NSE:PRAJINDLong
by finvestar
6
Praj Industries :LongPraj 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 am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
NSE:PRAJINDLong
by pmosesoliver
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.
NSE:PRAJINDLong
by Piscean17th
3
PRAJ INDUSTRIES POTENTIAL UPSIDE MOVE.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 see if the bulls can sustain or the bears steps in. If price sustains above the marked white lines, we can plan for a long position.
NSE:PRAJINDLong
by manash_upstox