Praj Industries is bullish

2024년 3월 25일

Praj Industries has found support at horizontal/sloping trendline @448 plus a positive divergence formed on RSI with high volumes. Its floating just above the resistance zone @525.

This looks very bullish to me from here for targets of 596,649,699 over the next 1,2,3 months.

Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.

This is purely a technical chart observation, please check the fundamentals before investing.

2024년 4월 8일

액티브 트레이드

Volumes are poor, need more buying to sustain and move upwards

2024년 4월 8일

액티브 트레이드

Keep stoploss at 499 exit if closes on daily basis

2024년 4월 13일

액티브 트레이드

last weeks candles have all been negative, so watchout with the stoploss

2024년 4월 14일

액티브 트레이드

During the negative period the volumes have been low, so personally i am not that worried. But for those who have bought at breakout, follow the stoploss rule with discipline.

2024년 4월 19일

액티브 트레이드

For long term investors stoploss is at 465