Stock of the day : Praj Industries Ltd For Target Rs.652 - Religare Broking
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Praj Industries Ltd
* PRAJIND has been in a strong uptrend for last six months and trading near life highs.
* It has ended a 2-month long consolidation with a noticeable surge in volumes.
* Price action coupled with positive positioning of momentum indicator suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone
Buy Praj Industries Ltd CMP 615.90; Range* 614-618 ; SL 598; Target 652
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SEBI Registration number is INZ000174330
