Prakash Pipes Ltd - Breakout Setup, Move is ON...#PPL trading above Resistance of 514
Next Resistance is at 773
Support is at 385
Here are previous charts:
Chart is 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.
Stokcs
Chart Of the Week !! 28 March 2021 !! 12 Year Breakout !!* A 12 years long consolidation breakout with high volume in weekly chart .
* High volume activity witnessed at the time of breakout gives more confident for investment and always defined ur risk before taking trades .
Market Cap - ₹ 212 Cr.
Book Value - ₹ 21.6
Stock P/E - 12.5
Reserves cash Rs. Cr - 95.93
Debt / Eq - 0.28
Pledged % - Zero
Kindly let us know if you have any question .