Praj industries has been consolidating in a Darvas box since past 2 years. The stock is a major palyer in ethanol industry which is used an alternative to petrol in automobile.
The stock is looking strong for a breakout of this consolidation which would be a monthly closing above 440.
Accumalate this stock on dips. Best buy zone is 380-400.
This idea is for investment perspective only.
The stock is looking strong for a breakout of this consolidation which would be a monthly closing above 440.
Accumalate this stock on dips. Best buy zone is 380-400.
This idea is for investment perspective only.
Commento:
540 from 430.More than 20% returns done.
Very beautiful flag breakout.
Very beautiful flag breakout.
Commento:
590+ done.
650 should be the minimum target
650 should be the minimum target
Would be interesting to watch.