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Praj Industries
Future of Praj Industries
Posted by :
GuestTracked by: 1 Boarder
If praj goes beyound 185 then,
target will be 194
...
In reply to:
Future of Praj Industries
Posted by :
amitkathuria
I bought 280 units of Praj Industries @ 139 , What is the future of this stock , Should i hold or sell the stock ? 
Future of Praj Industries
Posted by :
kokrkuTracked by: 1 Boarder
Hold it and go long. Praj is into alternative fuels which is a sunrise industry. You have purchased this at a very good price. You may not see that price again unless there is a major crisis....
In reply to:
Future of Praj Industries
Posted by : amitkathuria
I bought 280 units of Praj Industries @ 139 , What is the future of this stock , Should i hold or sell the stock ?
Future of Praj Industries
Posted by : amitkathuriaTracked by: 1 Boarder
I bought 280 units of Praj Industries @ 139 , What is the future of this stock , Should i hold or sell the stock ?...
consider this seriously before u buy praj
Posted by : GuestTracked by: 0 Boarder
You are near to short term target,
Enjoy,
Vivek...
In reply to:
consider this seriously before u buy praj
Posted by : Guest
I am totally agree with this statement,
Good opportunity for trader,
Short this script
Short term target - 179
2nd Target - 164
Next target - 150
Tracked by: 0 Boarder
Praj is Good Share? For Buy more Qty....
BUY Praj @190
Posted by : joetomTracked by: 0 Boarder
Praj has just broke out and is on an uptrend. A conservative target of 220-225 in short term and 245 during the year is not a big target to achieve. Buy with stop-loss 174.
Tom...
consider this seriously before u buy praj
Posted by : GuestTracked by: 0 Boarder
In this bare market Fundamental will not work dear,
...
In reply to:
consider this seriously before u buy praj
Posted by : hsk10
I don\\`t no about what you people are speaking,but as far as i know this stock has got good fundmentals & managment is good,Stock market king Mr.Rakesh Jhunjhunwala is having 1,33,76,624 shares if u people don\\`t beleive in me you can check in sptulsian\\`s website
buy at this levels
Posted by : mksharma11Tracked by: 0 Boarder
Buy Buy for short term target of rs. 220....
consider this seriously before u buy praj
Posted by : hsk10Tracked by: 0 Boarder
I don\\`t no about what you people are speaking,but as far as i know this stock has got good fundmentals & managment is good,Stock market king Mr.Rakesh Jhunjhunwala is having 1,33,76,624 shares if u people don\\`t beleive in me you can check in sptulsian\\`s website...
In reply to:
consider this seriously before u buy praj
Posted by : Guest
I am totally agree with this statement,
Good opportunity for trader,
Short this script
Short term target - 179
2nd Target - 164
Next target - 150
consider this seriously before u buy praj
Posted by : GuestTracked by: 0 Boarder
I am totally agree with this statement,
Good opportunity for trader,
Short this script
Short term target - 179
2nd Target - 164
Next target - 150
...
In reply to:
consider this seriously before u buy praj
Posted by : Guest
Praj industries is basiclly a biofuel play which undoubtedly have an unlimited scope in the long run.
however in a market like this it is best to be nimble footed than face loses which can take quarters to recuperate.consider the facts that I have mentioned below seriously and then decide wheather to sell or buy praj,
1.praj went up when crude went up.now crude falls and praj will fall aswell.
2.fundamentally too,last quarter profits were a damp squib.there is no visible catalyst to push the stock further up.
3.techniclly the stock has made a continuation wedge(bearish)on the charts which confirms the intermediete downtrend to 110-119 levels.
at the moment praj may give a paltry 5-10 rupees upmove if the markets are fine but trust be the down leg is witing to happen like a landslide.
just to drive home my point i would provide this technical analysis
A Continuation Wedge (Bearish) is considered a bearish signal, indicating that the current downtrend may continue. Prices edge steadily higher in a converging pattern i.e. there are higher highs and higher lows. The Technical Event® occurs when prices break below the lower trendline, which confirms the pattern.
More...
Event Date: Aug 06, 2008
Opportunity Type: Intermediate-Term Bearish
Close Price: 187.85
Target Price Range: 119.00 - 132.00
Price Period: Daily
Volume: 1,371,202
Pattern Duration: 25 days
Inbound Trend Duration: 50 days
I might aswell be wrong by chance but then in markets commonsense prevails more often than mere luck.
consider this seriously before u buy praj
Posted by : GuestTracked by: 0 Boarder
Praj industries is basiclly a biofuel play which undoubtedly have an unlimited scope in the long run.
however in a market like this it is best to be nimble footed than face loses which can take quarters to recuperate.consider the facts that I have mentioned below seriously and then decide wheather to sell or buy praj,
1.praj went up when crude went up.now crude falls and praj will fall aswell.
2.fundamentally too,last quarter profits were a damp squib.there is no visible catalyst to push the stock further up.
3.techniclly the stock has made a continuation wedge(bearish)on the charts which confirms the intermediete downtrend to 110-119 levels.
at the moment praj may give a paltry 5-10 rupees upmove if the markets are fine but trust be the down leg is witing to happen like a landslide.
just to drive home my point i would provide this technical analysis
A Continuation Wedge (Bearish) is considered a bearish signal, indicating that the current downtrend may continue. Prices edge steadily higher in a converging pattern i.e. there are higher highs and higher lows. The Technical Event® occurs when prices break below the lower trendline, which confirms the pattern.
More...
Event Date: Aug 06, 2008
Opportunity Type: Intermediate-Term Bearish
Close Price: 187.85
Target Price Range: 119.00 - 132.00
Price Period: Daily
Volume: 1,371,202
Pattern Duration: 25 days
Inbound Trend Duration: 50 days
I might aswell be wrong by chance but then in markets commonsense prevails more often than mere luck.
...
Praj rocks 196
Posted by : flashstock05Tracked by: 0 Boarder
check this out at our moneycontrol page : (05Aug) Buy n Hold Praj Ind. 188 sl 184 tgt 197-206 high till now 196 ............enjoy the blast, flashstock05
...
Good investment pick
Posted by : vinod1026Tracked by: 0 Boarder
praj is one of the very few finest stocks that one need to have in one\\`s portfolio.Judging stock on quarterly performances is never a very good method.Overall consistency should be the key.Even otherwise Qrtly results of Praj were not bad.Just try to reason out why the finest and shrewd people are heavily invested in the stock....
Buy n Hold Praj 188
Posted by : flashstock05Tracked by: 0 Boarder
tgt 196-200 ............ regards flashstock05...
time to buy
Posted by : jhoothadocTracked by: 1 Boarder
whats the future is it the time to buy praj...
Boarders Outlook on Praj Industries
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