PRAJ INDUSTRIES LTD
Short

This stock has turned bearish

445
Fib Analysis- 646 is the Fib resistance. It is the 100% of the previous swing. So we have a price resistance.

Candlestick - At the price resistance we have a reversal pattern Railway track which is a directional signal.

RSI & Composite- we have a -ve divergence in both the oscillators.

Conclusion - Use any bounce back to exit this counter. Below 512 exit this counter.

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