Prakash industries add in watchlist. Add the stock to your watch list. After the Bo of TL above the 65 levels can touch the 90 levels soon. This is for your educational purpose only.
PRAKASH trade ideas
Weekly breakout---Prakash Industriesstock has given weekly breakout, RSI is also above 60 in Weekly time frame, can give good move once it crosses 72, Add small quantity initially and then can be added on based on the move of the price.
POSTED ONLY FOR EDUCATION PURPOSE TRADE AT YOUR OWN RISK.
PRAKASH IndI will buy it at ratio chart support line. Not near breakout point. As per my understanding current breakout if happens then it will be late stage breakout where higher chances of getting stopped out
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.
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 : 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 !!!
Prakash IndustriesPrakash Industries Chart Analysis for Swing Trading
Major Trendline broken with good volume
Note: This is not a trading recommendation
PRAKASH INDUSTRIES BROKEN OUTPRAKASH INDUSTRIES broken out ready to fly, will confirm its trend tomorrow. CMP-62 OUR TGT-100 SL-56 SHORT TERM & 50 LONG TERM.
DAILY SWING CALL // Wednesday 14th of July 2021 // PRAKASHDAILY SWING CALL // Wednesday 14th of July 2021 NSE:PRAKASH
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 80.95
TARGET: 93+ (15% Around)
STOP LOSS: 73 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
long idea Prakash IndA long Opportunity In Prakash Ind
Buy 71-73
T1-79
T2-88
T3- 100
STOP LOSS 67-66
ONLY FOR EDUCATIONAL PURPOSE
PRAKASH | TRENDLINE BREAKOUT TRADE{{Trade Setup}}
1. Price in a downward channel since May. A breakout on 4th Oct, with volume. With subsequent retest & took out high of the breakout candle indicating follow-up buying post-breakout.
2. 200MA acts as long-term support.
{{Levels}}
1. Entry above 79.75. Targets of 87.4 & 99.6. SL - Daily closing below 72.
Note: Please take trades after making your own analysis. This chart is a showcase of my analysis alone, & the trade mentioned is one I'll be taking based on my convictions. This is NOT a trade recommendation
prakash industries ltd looking good CMPprakash industries ltd looking good CMP sl below 61.10 closing basics place system sl at 49.80
