Technical Analysis of Indian Equities by Nooresh

Praj inds my fav ethanol …

Praj inds is one stock i hav been recommending frm 160 levels as a long term tech fundoo pick…
After breaking the triangle formation some days back .,.
It did correct …
But as my principle of Techncial analysis ::::
” Shorter The correction Bigger the Appreciation ” ..
Implies if it keeps correcting a lil it has gained strength for the next run up..
So look out for the stock at lower levels and wait for it to break 210 levels …

Article by Nooresh Merani

Nooresh has written 2744 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 0 comments… add one }

Leave a Comment