Praj Industry looking good for long currently a inverse head and solder building up, when it break we can see a price jump upto 20%.
Praj Industries Ltd is the multinational bio technology and engineering company. The company operates in bio energy, Hi Purity system, critical process equipment like skids, they also manufacture equipment useful for waste water treatment and brewery, Ethanol and beverages. It has a global presence in more than 100 countries with a team for 1200+ professionals....
I will wait for downside level of 355 on NSE:PRAJIND which will complete 60% Fibonacci retracement. My idea is to take entry at the level of 355 with stop loss of 335 (-20 Points). Can hold till up side targets of 368, 378 & 395. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
It will be best only to take entry on NSE:PRAJIND is, when price test the level of 375. Then wait for upside with stop loss of 365 (-10 Points). My expected upside target would be 383 & 395. Note: This is my personal analysis, only for learning. Thanks.
PRAJIND has given a nice breakout, here we can take a trade. The stock looks very bullish.
📊 Script: PRAJIND (PRAJ INDUSTRIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP 📊 Sector: Industrials Capital Goods 📊 Industry: Engineering & Construction products Time-Frame : Daily - Ascending Triangle Breakout Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving...
Couldn't cross the barrier. Retracement at next swing. Probably for downturn till support. Not a recommendation.
The Stock has given a beautiful BO from CMP we can expect 6-7% return.
Praj Industries Long Currently forming higher high and higher low CMP 200 SL - 380 on a closing basis Could blast above if sustains above 449 Personally initiated trade at 420 for short term to midterm Target 520 after a successful breakout
NSE:PRAJIND Broke out from flag pole pattern after 500% momentum move. Strong volumes in the uptrend show increasing strength of the stock. One can enter entire position at C.M.P in view of a momentum trade with a tight sl. Targets: 450/500/565+ sl: below 360 Low risk high reward trade. Positional traders could opt for deeper sl below 330 levels. Position...
On Weekly time frame, Praj Industry is showing Flag and Pole breakout. Entry above 406 for positional target of 667-670.
NSE:PRAJIND PRAJ Industries Life Cycle In Simplest Way. Nothing More To Explain Chart Saying All We Have To Know
PRAJIND is on demand zone can be long 1. RSI showing positive divergence 2. Morning star candle patterns seems at support 3. Taken support with volume at main trendline support 4. About to breakout from falling wedge. 5. At demand zone area
After a Stellar upmove , prices have gone sideways, with volumes drying up drastically . Looks like the stock hs taken necessary rest before continuing its prioe strong momentum.
PRAJ IND LOOKING GOOD 366 SUPPORT LINE 1 - 356 SUPPORT LINE 2 - 345 IF HOLD ON UPCOMING DAYS NEW HIGH 7007501315
Praj industries touch to most strong support
Monthly and weekly looking good and market shows interest at 91. Took long position with stop at 91. Immediate target is 115. If strong momentum continues it can become a multi month position. If 115 is met then plan to use 50 ema as the future stop and scale in whenever possible.