Stock closed above previous day and previous week high with good volume. Good momentum seen in all sugar and Ethanol stock. Praj ll follow the suit for short term. Previous month high is 373, there can be done supply there. Short term profit opportunity.
Good bounce back from previous month low and weekely demand zone. Good Volume pop out on daily time frame. Daily RSI above 60 shows strength in the trend and above 150 DEMA.
