PRAKASH INDUSTRIES LTD
Long

Prakash Industries - BreakOut Point

61
Hi
As per the analysis, we can see prakash industries has given a breakout.
It has gone above last month high of 77.20 and currently trading at 80.45.
it tested the lows of 19 around 3 times till date.
As of now its above Rsi - 50.
Macd is positive
Potential for the upside is huge.
We can keep a SL of 67 and wait for the target of 130 and above that 230

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