Prakash Industries – 18.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 242 (Pivot point)

Close above Pivot point and next stop will be previous highs.

Close above highs would confirm further rise towards channel resistance.

If PRAKASH fails to clear Pivot point correction towards Support zone is possible.

Close below channel and further fall is more likely.

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