1. Double Bottom at Demand Zone 2. 50 EMA support 3. Volume Spike 4. ADX - shows Trend Strength buildup
PPL Has given very strong breakout. Now waiting for a retest entry. Keep on watchlist.
Weekly timeframe has broken out of a 2 year long consolidation period, it shows a flag and pole pattern breakout at Weekly R1. Also note that the consolidation and bounce that has happened is at Fib 38.2%, hence expect strong bullish momentum to continue. Hence looking for huge upside potential in the Mid to Long term, for a short term can look for the black...
PPL CMP: 171 Prakash Pipes is one of the largest PVC pipes and fittings manufacturer in India. The company products are Agri pipes, plumbing pipes, casing pipes and garden pipes etc. In 2018-19 the company entered flexible packing division & furthermore expanded it to provide complete packaging solutions to FMCG companies manufacturing laminates and pouches for...