Expected Short-Mid term breakout in a Debt Free Small Cap Comp.
After months of consolidation, Praj Industry is looking to break out at all-time highs.
People should take fresh entry only after the price exceeds 426.8 with a decent volume. Target 1 around 460, target 2 - 500-525, Target 3 (Long term) - 562
Keep a stop loss at 410 for the short term, and 400 for the mid-term.
Disclaimer: For Education purposes only. I myself have put my money into this trade.
Do your due diligence before putting your money. Happy learning.
People should take fresh entry only after the price exceeds 426.8 with a decent volume. Target 1 around 460, target 2 - 500-525, Target 3 (Long term) - 562
Keep a stop loss at 410 for the short term, and 400 for the mid-term.
Disclaimer: For Education purposes only. I myself have put my money into this trade.
Do your due diligence before putting your money. Happy learning.
Trade active:
For fresh entry: Breakout above 426.8 is crucial with good volumes
Comment:
Those who want to book profit can book. Else, hold some quantity and add if the price consolidates to 450 or 460 range for a target for 525-560