Well this one looks interesting has a big presence globally and is into waste water treatment and foraying into renewable chemicals.
Think moving forward the world is going to be a little bit more considerate towards the environment and water will be precious
272 was its all time high and has retraced more than 80% and reversed recently from 43 .
Its in mid...
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.
From past 1 year Praj industries moving in a channel Range of 75 -97 Sl 73 ,Currently stock is trading at bottom range of channel good buy @75 Sl 73 Target 85,97
Today PRAJ INDUSTRIES broke out above 200 DMA with opening higher than previous day close and rise in volume. Could this be a potential breakout for long run?
