PRAJ Industries Limited (PRAJ)
PRAJIND chart shows a strong V-shaped recovery from the recent lows of approximately 293.
Resistance Zone: There is a significant horizontal resistance (white line) near the 345–348 level. The stock recently tested this zone but saw a minor pullback.
Moving Averages: The price has successfully crossed above both the short-term (green) and medium-term (red) moving averages, indicating a shift in momentum from bearish to bullish.
A decisive daily close above 348 could trigger a fresh rally toward the previous high of 390. Current support is placed at 325.
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