Pages

Thursday, August 12, 2010

Praj Industries - A risky bet




A conditional buy on Praj Industries




Buy between 71 - 73 range with a strict stop loss at 66.7 ( 71 - 6% )


Below 66, w can see a breakdown from the channel. Refer chart attached.


This is a bit risky recommendation and there is a loss in trade in case the stock penetrates its trendline


Thanks
Sajeeth


People should learn to love animals...They are so tasty...

No comments: