Praj Ind Buy cmp 90-92

Hi,

Prajind is a buy as investment at cmp 90-92 range

Tgt can be 131 short term 2-3 months
Tgt can be 176 Medium Term in 1 year from now.
Tgt can be 240 Long term in 2.5 years from now.

Stoploss for medium term and long term is 55-62 around..range is support...

Stoploss for short term players 76 around...

Thanks & Regards
Navneet Singhal
23 June 2009

A.K. Prabhakar on 10 June 2009

Before Jan2008 correction I warned that market will correct below 9700 in Sensex when Sensex was near 21000… Many didn’t agree

and

during October when Sensex was 9000 by year end 2009 Sensex will reach 15000 was said many said we will see 5000…

now Market is at its best

in my view we will correct very big below …… levels also. But no weakness is seen now. When it will happen why it will happen I don’t know. It is pure technical analysis ….. we can go till 16000 also which is 61.8% of the total correction and then correct…. So caution is advised only for investor. Traders you should not worry about my comment
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A.K.Prabhakar

Elliot wave, Metastock & Technical Analysis Course

Hi,

On request of many, we have decided to start separate classes for each of the three important topics. This will enable people to choose a specialised subject rather than paying for full course.

1 Elliot Wave 2 Hrs Basic lecture. 2000 Rs.

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http://navneetsinghal.blogspot.com/2008/09/technical-analysis-course.html

Thanks & Regards

Navneet Singhal

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