Praj India Going to flyBuy Praj India for 2 months, it may fly, Ethanol company, always good return m, now the time to buy this, it will never give loss if you will buy for long term
PRAJIND trade ideas
PRAJ INDUSTRIES ... CONSOLIDATION MIGH ENDDISCLOSURE
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POSITIVE
Praj Industries Consolidation ZonePraj Industries is consolidating very well in the zone, likely breakout in the future can propel it to new highs. Keep on radar.
Praj industries Bullish I am bullish in praj industries . it could chase 398 soon .Good stock for Swing Trade
Praj industries1️⃣ Sideways consolidation in praj industries since many days
2️⃣ Always respected the suport of 319 to 328
3️⃣Could possibly give good bounce at the same volume must also be supportive
4️⃣Strict SL must be maintained below the support price
* Plz do your own research before investing....I am not SEBI registered
Expecting Breakout - Good pattern This scrip is expected to give breakout as it is on trendline support. Once it moves it will give good short term return. So traders keep on your radar. Thanks to all 🙏🙏
Praj Industries - Consolidation over?One of the fav capital goods stocks because of the Ethanol story where they have a HUGE order book.
Praj might have completed its consolidation and could be ready for the next move..
The only problem is ASM which has killed volumes.
Long at CMP with SL below 370.
PRAJIND consolidation phase breakoutPRAJIND 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.
Prajind - BullishBreak and sustain above 380 will make the stock bullish again
currently in stage 1 or 3 (only breakout will confirm)
Praj Industries LongPraj Industries (Nse) has an operating revenue of Rs. 1,304.67 Cr. on a trailing 12-month basis.
Annual revenue growth of 17% is outstanding, a Pre-tax margin of 9% is okay, ROE of 10% is good.
The company is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
Structural Play: Multibagger OpportunityPraj industries is one of the biggest beneficiaries as far ethanol blending and bio fuel are concerned.
India being the biggest importer of crude, government is aggressively promoting ethanol blending program.
#TradeTheTrend#FundamentalPick#MultiBagger
Potential Breakout opportunity - Paj IndustriesPraj Industries is forming a nice VCP at around it's 21 EMA. This consolidation has been happening nearly over the last one and half month. A breakout from this level can be explosive. Fundamentally, it's a very good stock. Keep an eye for the breakout and can plan the trade accordingly.
#PRAJIND keep on Radar, stock is making Bullish Flag Pattern.Strong bullish pattern, Proxy stock for ethanol blending
