PRAJIND trade ideas
Seems good to go min. 400+Patient players can target the channel top. Just sharing an idea. Not a recommendation.
Paraj>> Symmetrical triangleParaj forming Symmetrical triangle, Break-out, Also Decreasing Volume and now on tight range.
Buy above 369
Stop loss 356
Target 400
PRAJIND - Triangle Breakout PatternBuy Above 379
Stop loss - 365
Target 1 - 407
Volume Squeezed much so can expect good spurt during breakout
Not a recommendation. Purely for educational purposes only.
PRAJIND support on 50 100 200 SMAPraj Industries took support on 50 100 200 SMA and under 30 SMA. Expecting bounce in this 1 - 2 weeks.
wait for break outbuy call wait for breakout. Don't take position until break out wait for further updates
More than 12% in just 2 days.Clear bounce back from Resistance. Good identify clearly uptrend possible.
Consolidating after solid up move. In consolidation and may revisit 309 where there is a strong support and subsequently there will be a good up move after present low level is tested.
Praj industries- powerful multiple year breakoutPRAJIND 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
Praj Industries : Potential of 2x returns soon.Multiple bottoms seen on Daily and wwekly time frame. Trading above the neckline of these bottoms, If crosses 270, it will be 2x candidate.
(Disclaimer : Do your own analysis)
Praj Industries for very long termnot for short term. the company is into bio energy generation, which I believe next revolution, as every government want to reduce co2 and green house gases, this company has done so many research in generating clean energy. there profit is also good which is not exponential but they are able maintain good levels. debt is 0 .
I wanted to share this , but you can once do your own research and invest.
Look bullish after T1T1 :- 275,
SL :- 238.
Looking bullish after T1. Also analyze on your own _____Happy Trading_____
