STOCKMARKET360

Get Top latest market news, Stock Market Views, Stock Market Updates and analysis on stock, derivatives, commodity and IPO markets. Get all Stock market news, BSE, NSE, Sensex Nifty, world markets, Indian markets, stock recommendation, Dalal Street, Day trading, futures, options, SEBI, market news, Business and other Financial News.

PRAJIND – TECHNICAL CHART STUDY

PRAJIND_1

buy PRAJIND 52-53 sl 40 target 65-85-97

technical chart study

as we can see that stock was in falling trend from year 2007, and recently after making new 25 week low, it has given a “POSITIVE CONVERGENCE” at bottom level with the signal level of 40.

we can even see that it has made “INVERTED H&S” pattern at bottom range.

even rsi able to cross the resistance level recently, now in overbought zone, but still stock can look to perform in coming days.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

STOCKMARKET360 © 2017