Light on Prakashprakash is luking some juicy
Buying above 66.90 on dclbs
Target 72 78
SL below 65 on dclbs.
no recommendation for buying or selling just for educational purpose.
Key stats
Market capitalization
9.307BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
5.21
Basic EPS (TTM)
10.34INR
ISIN
INE603A01013
Sector
Non-Energy Minerals
Industry
Steel
Website
prakash.com
Headquarters
New Delhi
Employees
7.49K
Founded
1980
Prakash Industries Ltd. engages in the businesses of mining, wind power, and steel and power generation. The company was founded by Basu Dev Agarwal on July 31, 1980 and is headquartered in New Delhi, India.
Prakash Industries UpmovePrakash Industries good chance to capture 10-15% move. Showing good momentum.
Entry - 55.70 (wait for little dip if possible)
Target 1 - 59.85
Target 2 - 64.40
SL- 51.45
Study the stock & Trade responsibility
Prakash Industries triangle patternPrakash Industries triangle pattern formation on daily TF as well as on weekly TF. Here I'm posting only the daily TF chart. Soon to be breakout share, keep in watchlist. Breakout above 75 and stop loss will be around 50. Trade for 1:2 Target.
Prakash : Kya andhkar chhatega? :DEW counts have been given, not sure but I feel we have completed C and it is time for Wave 1 to start, Targets are sky. Weekly close below 50 will make this analysis null and void.
Prakash Industries- Cup and Handle BreakoutPrakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power.
prakash IndOnly take position on above 1:5 RR ratio
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Current Price :62.40
Take position at : breakout the triangle setup
Max Target 50% ROI
Stop loss according your Psychology
RRR 1:12
Retest of Head Shoulder Head breakoutthis chart looks good.
It looks like Breakout of Head & Shoulder pattern.
any suggestion
only for educational purpose
Swing opportunity !the stock gave strong breakout after 10 month of consolidation.
looking good for swing. look the chart for more details.
this is only for educational purpose, Do your own analyze before trade !!!
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue