manglam

Breakout in praj industries.

Long
NSE:PRAJIND   PRAJ INDUSTRIES
Rectangle pattern breakout in praj industries in daily chart.
Good volume support.
This rectangle pattern is just a halt to the upmove started prior it as the volume dries down during its formation.
It also seems bullish flag pattern breakout in monthly chart
So, it is looking very good.
First Target is 510 and second Target is 610.
Stoploss is 391.
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