Prakash Industries has rallied from about 100 to 139 and now has formed a pennant pattern on hourly charts.Also there is a bullish hidden RSI divergence.
Buy tomorrow on opening with a strict SL of 132 for a target of 150 and 155 in 2-3days only.
Risk to Reward Ratio- 1:4 almost
Time frame - 3days only
Potential Upside - 10%-12%
Goodluck Trading
Buy tomorrow on opening with a strict SL of 132 for a target of 150 and 155 in 2-3days only.
Risk to Reward Ratio- 1:4 almost
Time frame - 3days only
Potential Upside - 10%-12%
Goodluck Trading