flag pattern breakout on weekly chart pattern similar like my old script may be that took 3 to 6 month for breakout but when that range break that 395 share reached 600 double in any quarter non risky trade can wait for 350 risky trader can make entry now on 395 to 400 and if that go down so average on bottom that trade sure shot double in next recent time mark my...
I 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.
It 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.