Technical analyst, Rajat K Bose has recommended that Praj Industries stock is looking strong for intraday trading today.
He also suggested that the interested investors can buy the stock with a stop loss below Rs 204 for targets of Rs 218 and Rs 223
The CMP is Rs 217.85, up 3.6 percent on BSE. On NSE, it has gained around 3.1% up till now. Investors need not to worry if the stock price falls because it is a good stock for intraday trading and it has already proven its brilliancy in day trading movements.
Last month, it has commissioned UK’s first bioethanol plant for British Sugar at Wissington, Norfolk.