Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout

๐ Script: PRAJIND (PRAJ INDUSTRIES LIMITED)
๐ Nifty50 Stock: NO
๐ Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
๐ Sector: Industrials Capital Goods
๐ Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout

Key highlights: ๐กโก
๐ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐ MACD is giving crossover .
๐ Double Moving Averages also giving crossover .
๐ Volume is increasing along with price which is volume breakout.
๐ Script is giving breakout of Cup & Handle + Ascending Triangle.
๐ Current RSI is around 64.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 443
๐ข Target ๐ฏ๐ - 500
โ ๏ธ Stoploss โ ๏ธ๐ซ - 414
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ ๏ธ Purely technical based pick.
โ Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
๐ Nifty50 Stock: NO
๐ Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
๐ Sector: Industrials Capital Goods
๐ Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout
Key highlights: ๐กโก
๐ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐ MACD is giving crossover .
๐ Double Moving Averages also giving crossover .
๐ Volume is increasing along with price which is volume breakout.
๐ Script is giving breakout of Cup & Handle + Ascending Triangle.
๐ Current RSI is around 64.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 443
๐ข Target ๐ฏ๐ - 500
โ ๏ธ Stoploss โ ๏ธ๐ซ - 414
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ ๏ธ Purely technical based pick.
โ Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.