PRAJ IndustriesAs anticipated , the stock is all set to move tot he next lap of up move. A clear move above the shadow of the "BC" Bar with volume support. Delivery volumes also indicate longer term buyers coming in.
PRAJIND trade ideas
PRAJIND QUARTERLY CHARTPRAJIND QUARTERLY CHART
Cmp 498.90 Target 669 Support 420
PRAJIND has resumed its 5th wave (1-2-3-4-5), likely target for the pattern projected @ 669 levels.
Its only an observation & not any suggestion.
2 YEAR RANGE BO IN PARAJ IND-WCBEntry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
PRAJINDThe stock is coming out of the Supply Shadow of the "BC" bar. The Relative strength is turning positive. Buying Pressure and Money flow are already positive. Another upbar closing above the shadow preferably above today's High will ensure that the stock will move much higher.
Also on the weekly as well the stock is moving above the supply shadow of a BC bar. All key parameters remaining positive.
Bullish sentiment on PRAJIND Bullish on PRAJ INDUSTRIES
BUY above 615+
SL 585
Target 705+
Disclaimer - we are not responsible for your profit and loss, it's only for education purpose analysis.
#PrajInd Strong Breakout Praj ind given a strong breakout. Longterm View
Taken support at quarterly Bullish GPZ and the bull run started.
praj industries share nse:prajind
current price 468
weekly breakout
flag breakout
great fundamentals
keep on buy for great profits
breakout given at 461
multiyear consolidation breakout
100% buy rating
Praj Industries: After long consolidation ready for next up movePraj Industries: After long consolidation now it is ready for next up move.
It rallied one way from 70 to 400 in 6-7 months after corona and then consolidate between 300-450 range for 2 long years and now it broken this range decisively.
Buy between 465-480 range with a SL of 430 for a target of 620.
PRAJ IND LONG 518
ETHANOL BLENDING INITIATIVE + POWERFUL CHART Can be a powerful combination going into the next few hours . if it can stay above the support zone can go on and on
SL 478
Praj industries : Breakout after 1 year consolidationIn Praj industries we see that long term trend is uptrend.
The script was under consolidation/ accumulation for almost a year.
The consolidation was in a range/box Darvas box and the script is coming out of consolidation with high volume and its a potential candidate for a BUY.
Praj Industries Ltd.*Praj Industries Ltd*
P&F Formation on Yearly Basis.
C&H Formation on Weekly Basis.
Strong P&F / C&H Price Trendline BreakOut & Sustained.
Vol. BuiltUp Continued. To be Watched.
Trail SL with Upside.
Book Profit as per Risk Appetite
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
PRAJIND LONGAfter a long sideways channel stock breakout and retest done. Price is above the moving average means trend is Bullish.
RSI & MACD positive side.
Good R:R
Disclaimer this is my personal view for education purpose only.
PRAJIND, Kindly do your own study
This stock is ready for big move on upside.
Stock has given ATH breakout and sideways trend.
The trend has changed, hence make it your friend.
Stock has given breakout and retested.
PRAJ INDUSTRIES Breaks out of 19 month RangePRAJ INDUSTRIES
19 month Range Breakout
Keep a watch.
Pros:
Fundamentally Strong
Good Quarterly Results
Amazing Price Action
#breakoutstock
#rspositive
#boxbreakout
#trendingstocks
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.
PRAJ INDUSTRIES (M)-Strong Demand Zone
- Consolidation Above BO zone
- Formation of F&P Setup
- Long term Pick
Praj industries Stock trade in a sideways channel
Channel breakout soon
If break the channel 50% upside move possible.
Disclaimer this is my personal view for education purpose only.
Praj looking to prosperPraj Industries Ltd is the multinational bio technology and engineering company. The company operates in bio energy, Hi Purity system, critical process equipment like skids, they also manufacture equipment useful for waste water treatment and brewery, Ethanol and beverages. It has a global presence in more than 100 countries with a team for 1200+ professionals. Praj Industries CMP is 397.35.
Negative aspects of the company are high valuation (P.E. = 30.4), declining cash from operations annual and promoter decreasing stake. Positive aspects of the company are improving annual net profits, no debt, FIIs are increasing stake, MFs are increasing stake and zero promoter pledge.
Entry after closing above 408. Target of the call will be 429 and 444. Long term target in the stock will be 461. Stop loss in the stock should be maintained at closing below 360.
Sugar in Teacup?Praj looks ready to break out, CnH pattern, needs a closure above 406 with good volumes for confirmation, might go for a retest.
praj karega rajPRAJ and Indian Oil Corp IOC on Thursday said they will form a joint venture (JV) for building biofuels production capacities in India
PRAJINDAfter moving above the moving averages including the 200 DMA going through a small consolidation. Looks ready for a Breakout and move much higher.
PRAJ INDUSTRIES FLAG WHICH RISE AGAIN 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 words that perform well like my other script
PRAJ INDUSTRIES
