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...
Praj Industries is a leading global biofuel technology company. A zero promoter pledge company with almost free of debt and a good profit delivery over last 5years.Can expect a good movement if it crosses 500 levels. Also have a strong support at 440 levels.
Post 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
BUY - PRAJ INDUSTRIES
CMP - Rs. 386
Target - 1: Rs. 470
Target - 2: Rs. 660
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Technicals - Trendline nearing BO(Good QoQ)
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This is just a view by an expert analyst, please invest at your own risk.
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PRAJIND Daily looking bullish. PRAJIND Daily has trendline breakout/inverted head n shoulder breakout with 200 ema support on daily candle.
Good to buy at 386 with target of 456 with sl below 365
1. Volume & Range expansion in buying in the last few weeks.
2. Breakout on 6th October & now retesting.
3. Taking support at Upward trend line.
4. Overall Nifty is doing well.
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...
With 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...
Stock Name - Praj Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 455
#This is not Buy and Sell recommendation to any one. This is for...
chart is some non directional however business structure and theme is positive so we can enter at current level and also can add more at bottom level of parallel line near 300 with sl below 300 for target 550,650+++
NSE:THERMAX
#NSE:THERMAX shaed with entry @ 2007 and zoomed up to 2347 = 340 points.
further good above 2320, support levels marked for practice.
Check out the details below the chart, signature column.
Happy LEarning !!
Praj Industries, weakly time frame it's a good multi months breakout.
Fundamentally strong company which is having great admiration for ethanol production. You can consider this for a long-term idea 💡.
Breakout and re-test in Praj Industries
It should take support on the previous breakout trendline and revert
Wait for reversal candle . . .
Disclaimer: Pls invest at your own risk.
