{LONGTERMINVESTORS} Fwd: Prakash Ind

Prakash Ind CMP 37.7

It has crossed resistance of Oct 15 high of 34.9, with high volume.

Now moving towards quarterly short term EMA 40.1

The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 25 November 2015 at 22:54
Subject: Prakash Ind
To: longterminvestorsresearch@googlegroups.com

Prakash Ind CMP 28.75

Fallen from Sep 14 high of 123 to the recent low of 24.15 Sep 15.

In last month it went to high of 34.85 with high volume & breached the monthly resistance of 33.70 ( Aug 15 ).

Though monthly MACD is yet to give buy signal, monthly RSI has started showing + ve divergence, indicating bottom almost reached.

Weekly MACD also started showing + ve divergance

One can start investing gradually for one year target of 123

The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

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