PRAKASH PIPES LTD
Long
Aktualisiert

PRAKASH PIPES - Awaiting Breakout !

Self Explanatory Chart.
A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
Trade ist aktiv
This stock formed 3 doji candles and ended last week with a red candle indicating weakness.
However, despite a weak index opening today, it closed positively.

If the strength continues , it would cross 140 for the desired targets, however if in doubt raise the stop loss to 130-134.
Anmerkung
TARGET 3 ACHIEVED AGAIN

Haftungsausschluss