NSE:PRAJIND One can Go long ! or wait for Retracement from the trendline ! Looking good on weekly as well. SL can be Below trendline or Swing Low, what ever favours one.
good stock to hold for year stock has good potential to perform buy and hold for more then a year
#praj Praj industry looks getting ready for Inv HS BO. Will take pilot position on Day close above 430 And final position on DC > 445 #vr
Praj Industries : Parallel Channel & Ascending Triangle Breakout possibility Might show new 52 week high soon
chart has formed a rounding bottom in 4 hours time frame
1. Stock has been consolidating for over year now. 2. Did attempt channel break out but failed. Attempted it again. 3. 448 is the spot where stock faced resistance (ATH) and fell twice from same levels. 4. Stock may again attempt to break 448 and sustain above it. 450 being a round number sounds better trigger to enter. 5. Weekly closing above 450 can lead stock...
Praj Inds has formed a probable Flag & Pole BO formation on monthly chart. RSI is well above 60, volumes has been good, After a long consolidation looks set for a good movement. Discl : Invested, Chart for education purpose only, this is not a reco for buy & sell.
Perfect Example of Kumo Breakout. Checkout the price behaviour in coming days. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Rule Based Investing # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section of...
#Praj_Ind Bullish Setup 380-385 is an important zone. If we get a daily close above 385, we can enter long with a stop loss of 360(previous swing low) and a target of 440-450 Disclaimer- Educational View
Double top. Can be good above 448 Pls share your views. I'm still learning
Zone retest in Prajind. Detailed analysis given on the chart. NSE:PRAJIND
Praj Industries, weakly time frame it's a good multi months breakout. Fundamentally strong company which is having great admiration for ethanol production. You can consider this for a long-term idea 💡.
A flag pattern is a trend continuation pattern, appropriately named after it’s visual similarity to a flag on a flagpole. Flag patterns can be bullish or bearish. 1. Flagpole: A line extending up from this break to the high of the flag/pennant forms the flagpole. The flagpole is the distance from the first resistance or support break to the high or low of the...
Target - 482 Buy Price - 410 - 420 Stop loss - 364
praj swing trade possibilities. 2nd in a list of the world’s 50 Hottest companies in the global bio-economy for 2021 in the Low Carbon
Pole and flag pattern breakout , good support around 350-360 , can be budget top pik
Closing below shaded region on weekly chart will make it false breakout, if bulls able to defend this then highly bullish on this counter.
PRAJ IND looks good taking support on demand zone and forming 3w after taking 38.20 % support