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PRAJ INDUS technical chart update, stock bullish above 71.50.


PRAJ INDUSTRIES




  • Stock facing strong golden ratio resistance around 71.50, will favor bulls once it closes and holds above 71.50, On upper side will find next strong resistance around 74.50 and 79 as shown above.
  • Stock also moving up from 200 days moving average, as long as stock holds above 200 DMA  bulls will be favored.
  • As per monthly chart stock is trading above its strong trend line resistance zone, as long as stock holds above its trend line resistance zone bulls will be favored as show in chart no3.
  • Click here for more technical analysis charts with auto buy and sell signals.

INDIAN HOTELS to test strong trend line resistance @ 111.


INDIAN HOTELS




  • Stock to test strong trend line resistance @ 111, will favor bulls once it closes and holds above 111.
  • Indian Hotels also moving up from strong trend line support zone, this will favor short-long term traders.
  • Technical chart also indicates stock is trading above 50 DMA this too will favor bulls as long as stock holds above.

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