PRAKASH-EQ has traded in range for about 14 years ( from 2010 high to recent 2024 high ). This time the breakout is different because price has managed to break and trade above its crucial resistance zone.
currently price of PRAKASH-EQ has taken support at the lower end of its long term resistance channel and there is high chance of price breaking its all time high.
as and when price reaches near the upper band of its long term resistance band, it is expected to have a sudden and fast momemtum which will be volume supported.
right now price is in value zone (for people planning for momentum breakout) but it is advised to carry this for the next 1-3 years to reap the benefits of compounding
as always people are advised to trade as per their risk capacity.
currently price of PRAKASH-EQ has taken support at the lower end of its long term resistance channel and there is high chance of price breaking its all time high.
as and when price reaches near the upper band of its long term resistance band, it is expected to have a sudden and fast momemtum which will be volume supported.
right now price is in value zone (for people planning for momentum breakout) but it is advised to carry this for the next 1-3 years to reap the benefits of compounding
as always people are advised to trade as per their risk capacity.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.