Prakash Pipes Limited
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PRAKASH PIPES - Awaiting Breakout !

867
Self Explanatory Chart.
A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
Dagangan aktif
This stock formed 3 doji candles and ended last week with a red candle indicating weakness.
However, despite a weak index opening today, it closed positively.

If the strength continues , it would cross 140 for the desired targets, however if in doubt raise the stop loss to 130-134.
Nota
TARGET 3 ACHIEVED AGAIN

Penafian

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