sanu1802

Praj Industries: After long consolidation ready for next up move

Long
sanu1802 Updated   
NSE:PRAJIND   PRAJ INDUSTRIES
Praj Industries: After long consolidation now it is ready for next up move.
It rallied one way from 70 to 400 in 6-7 months after corona and then consolidate between 300-450 range for 2 long years and now it broken this range decisively.
Buy between 465-480 range with a SL of 430 for a target of 620.
Comment:
It moved very rapidly to 610 near to our 1st target of 620 and the consolidating very well at upper band. SL can be moved to 555. Target revised to 645.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.