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.

PRAJ INDUSTRIES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong resistance around current levels, strength expecting once PRAJ INDS closes above 71.50. (Updated on 23rd September 2014, Tuesday).

PRAJ INDUSTRIES

• Stock facing strong fibonacci retracement resistance around 71.50, Chart indicates once Praj closes and stays above 71.50 then stock looking bullish for next few trading days. After that stock will find trend line resistance around 75 and 79 as shown in chart no1.
• Intarday close watch once stock starts trading above 71.50, if holds above then intraday bulls action is expecting.
• According to chart no2, Praj is trading above 20 DMA, as long as holds above stock will be favored by bulls.
• As per chart no3, Praj is also facing fibonacci arc resistance around 71.50. Once closes above 71.50 stock to favor bulls.
• Free Intraday Tips.