Buy Praj Industries at CMP with a SL of Rs. 520 & Initial Target of Rs. 660/- Please consider and do your own analysis before investing. This is just my view
Praj industries breakout retest on monthly time frame.
PRAJIND is spiking above the support zone and breaking out its vertical resistance.
NSE:PRAJIND has finally given a breakout above the neckline. At the end of the day we can see the confirmation if the candle closes above the neckline. We already have the target and stop loss mentioned.
1. Identifying the Downtrend: A downtrend is characterized by a series of lower highs and lower lows. Upon analyzing the price chart of Praj Industries, it's evident that the stock has been declining over a certain period. This downtrend is marked by a consistent pattern of lower highs and lower lows, indicating selling pressure and overall bearish sentiment in...
PRAJIND has recently undergone a notable correction from its peak, completing a corrective wave pattern ABC. Presently, it hovers around the golden zone of reversal (113% - 127%), having breached its resistance trend line on the daily chart and retracing towards the bottom. In this scenario, an apparent buying opportunity emerges with a minimal risk of 5% against...
PRAJIND Double bottom made and a big volume candle. Closed above 200 EMA on daily RSI turns positive. Quick Targets 561/582
TARGET AND STOPLOSS IN CHART Praj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries. It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry. Market...
buy at 370-374 near support area sl bs below 368 for ST long term add on dips target 450+ 600++++
Bullish Sing for Swing Trading, It's Trading Above 100 DMA & as Well as it's 20℅ revered from last 3 month Low
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 industry very strong for long side 2nd time recommendation ssutain above 610 minimum target projection 629-647-720++
As anticipated , the stock is all set to move tot he next lap of up move. A clear move above the shadow of the "BC" Bar with volume support. Delivery volumes also indicate longer term buyers coming in.
PRAJIND QUARTERLY CHART Cmp 498.90 Target 669 Support 420 PRAJIND has resumed its 5th wave (1-2-3-4-5), likely target for the pattern projected @ 669 levels. Its only an observation & not any suggestion.
Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
The stock is coming out of the Supply Shadow of the "BC" bar. The Relative strength is turning positive. Buying Pressure and Money flow are already positive. Another upbar closing above the shadow preferably above today's High will ensure that the stock will move much higher. Also on the weekly as well the stock is moving above the supply shadow of a BC bar....
Bullish on PRAJ INDUSTRIES BUY above 615+ SL 585 Target 705+ Disclaimer - we are not responsible for your profit and loss, it's only for education purpose analysis.
Praj ind given a strong breakout. Longterm View Taken support at quarterly Bullish GPZ and the bull run started.