Prozone Reality Looking really good in almost all the timeframes and the candle is almost reaching the Gann levels@41.35 which is going to be the safest entry as it also bounces back from 1/1.
PROZONER trade ideas
Prozone, a systematic growth companyTechnical Summary 📈📉
* Stock is trading at ₹32.1 per share, down from its 52-week high of ₹38.45.
* Recent downtrend with signs of stabilization.
Fundamental Summary 🏢📊
* Prozone Realty is a real estate development company in India.
* Strong growth - 15% revenue and 10% earnings per share increase in the last financial year.
* Healthy balance sheet with a debt-to-equity ratio of 0.55.
* Positioned to benefit from India's real estate market growth.
Trade strategy ,
Enter above 33.1, for first target of 39.80 with Stop loss 29 on day close basis,
and once if it closes above 42.3, it can cover the onward journey of 48.8
DISCLAIMER:
THIS GROUP IS FOR DISCUSSION AND LEARNING PURPOSE. I AM NOT SEBI REGISTERED ANALYST.
ALL MY POSTS ARE FOR Educational PURPOSES ONLY, I WON'T BE RESPONSIBLE FOR ANY OF YOUR LOSS.
KINDLY CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING POSITIONS.
