PRAJIND trade ideas
Praj industries can be buy recently done breakout and retestCan enter tomorrow 26 November and target is 100 stoploss is 81.5
PRAJIND Bullish On Daily chartNSE:PRAJIND
PRAJIND on daily chart after spending a descend time in a range its given a good strong bullish up move in last trading session and close at 81.25.
Traders who are looking for investing some chunk for period of 1-3 months can try this For targets of 105-125. One can wait and look for buying opportunity on deeps or retracement which may not come as per Price and Volume Structure.
Do note stock have a good support at 58.
can't really go wrong buying at this level ! Long Term 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 zone right now so stop loss 57.45 and hop on now at 67.35 ( depending on where it opens ) the 50 day if coming up and supporting it right now so doubt we dip further.
Recon this should give a decent return once the downtrend from 2007 is broken 167 in a few years for sure.
Praj Industries - Bearish Bias - Short at current levelsPraj Industries - Bearish Bias - Short at current levels
Praj Industries - Bearish Bias - Short at current levels.Praj Industries - Bearish Bias - Short at current levels.
Market shows interest in PRAJINDMonthly 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.
Praj buy @ 75 Target 85-97From 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
200 DMA Breakout?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?
