PRAJ INDUSTRIES LTDShort
This stock has turned bearish
Fib Analysis- 646 is the Fib resistance. It is the 100% of the previous swing. So we have a price resistance.
Candlestick - At the price resistance we have a reversal pattern Railway track which is a directional signal.
RSI & Composite- we have a -ve divergence in both the oscillators.
Conclusion - Use any bounce back to exit this counter. Below 512 exit this counter.
Candlestick - At the price resistance we have a reversal pattern Railway track which is a directional signal.
RSI & Composite- we have a -ve divergence in both the oscillators.
Conclusion - Use any bounce back to exit this counter. Below 512 exit this counter.
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