channel for informative and educational purpose onlychannel for informative and educational purpose only
PRAJIND trade ideas
Distribution Phase is taking Place.
Some Phases of market ,
1. Accumulation Phase
2. Mark-UP Phase
3. Distribution Phase
4. Mark Down Phase
So as per me it Looks in Distribution Phase.
Rest you know the best.
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prajind i have found channel breakout be bullishbe ready for target channel breakout bullish happen i have mark level on chart
PRAJIND Positional Buy IdeaI 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.
PRAJIND Best Entry LevelIt 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 BREAKOUTPRAJIND has given a nice breakout, here we can take a trade. The stock looks very bullish.
Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout📊 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 breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle + Ascending Triangle.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 443
🟢 Target 🎯🏆 - 500
⚠️ Stoploss ☠️🚫 - 414
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Praj - A failed retraceCouldn't cross the barrier. Retracement at next swing. Probably for downturn till support. Not a recommendation.
Possible breakout. Long way to go.Possible breakout. Long tern stock. Levels are mentioned in chart. I entered at 380
PRAJIND looking good on weekly chart- CMP 448.90
- Tracking for long term
- Bullish momentum
*Not recommendation
PRAJIND looking good on weekly chart- CMP 448.90
- Tracking for long term
- Bullish momentum
*Not recommendation
PRAJIND long- After a long break PRAJIND started showing new momentum
- This stock can't be ignored if you want to bet on the ethanol blend story of INDIA
- Technical aspect - Stock didn't break even nearest swing low's in this correction
- One can initiate a buy now with a deep stop loss of 300-318 range, if corrects a bit can add there too.
*Educational view*
PRAJ INDUSTRIES PRAJ INDUSTRIES - Stock near PRZ
Might take out fresh all time high due to increase in price if raw sugar.
Keep in watchlist.
Buy Long-Praj Ind at 407 for target of 537 SL-392,Exp.return-31%Cup and pattern break out done with huge volume. timeline Approx.-1month NSE:PRAJIND
Clean Wave structure? Not a Recommendation ,Educational study!Looking for unfolding for more clues! NSE:NIFTY_MICROCAP250 NSE:PRAJIND
Praj Industries Long at 420Praj 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
PRAJ : Sweet run?Beautiful VCP in stock, the moment it sustains above 385 it will go for a mad run, t1 400, t2 425, t3 445 and I am expecting it to go beyond it way higher target on mid term
Buy long - Praj Industries At 398 for target of 489, SL - 387, NSE:PRAJIND Cup & handle Breakout with High Volume, Expected Returns - 22.86%
LONG PRAJ INDUSTRIESBUY ABOVE 400
TARGET 450 500 ++
Will update accordingly
Ethanol economy may rise to Rs.2 lakh crore from Rs. 20k crore (10x)
This news will take this stock to a new high!!
SUGAR SECTOR WILL BLAST!!
Praj IndustriesPraj Industries
Good Uptrend
RSI - Over Bought Zone - We would see a correction soon
Support Level: 407 & 399
Suggestion: Dont enter now Buy on Dips Good Stock for Long term
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