Breakout of cup & handle. Go long Give a like. Thank you.
A MOVE ABOVE OPEN SPACE TILL 100 AND THEN A MOVE DOWN IS EXPECTED.
EW 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 Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power.
Only take position on above 1:5 RR ratio ----------------------------------------------------- Current Price :62.40 Take position at : breakout the triangle setup Max Target 50% ROI Stop loss according your Psychology RRR 1:12
this chart looks good. It looks like Breakout of Head & Shoulder pattern. any suggestion only for educational purpose
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 Industries Chart Analysis for Swing Trading Major Trendline broken with good volume Note: This is not a trading recommendation
prakash chart analysis for intraday and swing trading
PRAKASH 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 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...
A long Opportunity In Prakash Ind Buy 71-73 T1-79 T2-88 T3- 100 STOP LOSS 67-66 ONLY FOR EDUCATIONAL PURPOSE
{{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...
prakash industries ltd looking good CMP sl below 61.10 closing basics place system sl at 49.80
Long @ CMP Stoploss below Resistance Zone Target 55 %
prakash chart analysis for intraday and swing trading
Self explanatory chart. A breakdown with volumes below 73 will make room for more fall till its next support of 63. Should short after retest of breakdown.