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PRAKASH IND – TECHNICAL STUDY

PRAKASHIND

buy PRAKASH IND above 36 sl 32 target 40-45

technical study

we can see stock has taken support on trendline.

its also into oversold zone now.

if price above to move above recent resistance level, then we can see some “EXPANDING TRIANGLE” in making.

as per candlestick it has given a “BULLISH HARAMI” candle with doji yesterday’s session.

so if price move above resistance and close above this then we can see so trend reversal in stock with recent low as sl, below recent low dont hold the position plz.

 

 

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