PRAJ Industries – Chart Analysis Ready

PRAJ Industries – Chart Analysis Ready The stock is currently in a consolidation phase after a prior downtrend and is attempting a bounce from a key support zone. 📊 Key Observations: Clear downtrend earlier, now moving sideways Support zone: 300 – 295 Resistance zone: 320 – 330 📈 Volume spike seen → potential breakout building Trade Plan: Bullish Scenario: If breakout above 320 Targets: 340 / 360+ Bearish Scenario: If breakdown below 295 Targets: 275 / 260 ⚠️ Important Note: No confirmation yet Until breakout/breakdown happens, expect range-bound movement Conclusion: The stock is in a “ready to move” phase — a strong move is likely soon ⚡ 📢 Wait for confirmation before entering – avoid early trades!