Praj Industries is bullish
Praj Industries has found support at horizontal/sloping trendline @448 plus a positive divergence formed on RSI with high volumes. Its floating just above the resistance zone @525.
This looks very bullish to me from here for targets of 596,649,699 over the next 1,2,3 months.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
This looks very bullish to me from here for targets of 596,649,699 over the next 1,2,3 months.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
Transaction en cours
Volumes are poor, need more buying to sustain and move upwardsTransaction en cours
Keep stoploss at 499 exit if closes on daily basisTransaction en cours
last weeks candles have all been negative, so watchout with the stoplossTransaction en cours
During the negative period the volumes have been low, so personally i am not that worried. But for those who have bought at breakout, follow the stoploss rule with discipline.Transaction en cours
For long term investors stoploss is at 465
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.