PRAJ Industries Ltd – Bullish Breakout & Trend Continuation

📊 PRAJ Industries Ltd – Bullish Breakout & Trend Continuation The stock is showing strong bullish momentum after a consolidation phase, with price steadily moving higher and sustaining above key levels. 🔎 Technical Observations: • Sideways consolidation followed by bullish breakout • Formation of higher highs & higher lows (uptrend structure) • Strong bullish candles with follow-through buying • Price sustaining above key moving averages • Momentum indicators in strong bullish zone 🔑 Key Levels to Watch: • Immediate Support: ₹355 – ₹340 • Major Support: ₹320 – ₹300 • Immediate Resistance: ₹380 – ₹400 🚀 Upside Targets: • ₹400 • ₹430 • ₹460+ 📉 Risk Scenario: Breakdown below ₹340 may weaken momentum and lead to pullback towards ₹320 📈 Trading View: 👉 Stock is in strong uptrend with consistent buying interest 👉 Sustained move above ₹400 can trigger further rally ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊