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ankursinha18
Jul 17, 2023 7:44 PM

Expected Short-Mid term breakout in a Debt Free Small Cap Comp. Long

PRAJ INDUSTRIESNSE

Description

After months of consolidation, Praj Industry is looking to break out at all-time highs.
People should take fresh entry only after the price exceeds 426.8 with a decent volume. Target 1 around 460, target 2 - 500-525, Target 3 (Long term) - 562
Keep a stop loss at 410 for the short term, and 400 for the mid-term.

Disclaimer: For Education purposes only. I myself have put my money into this trade.
Do your due diligence before putting your money. Happy learning.

Trade active

For fresh entry: Breakout above 426.8 is crucial with good volumes

Comment

Those who want to book profit can book. Else, hold some quantity and add if the price consolidates to 450 or 460 range for a target for 525-560
Comments
zAngus
Hello, great job on sharing your first idea with the community. We hope you had fun during the process. Hope you have a great day.

From mod @zAngus
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