The short-term outlook is bullish for stock Prestigious Real Estate Project. The stock is up more than 10% this week and is well above the 100 and 200 Day Moving Averages (DMA). The support level is ₹442-440. A drop to this support zone will likely see new buyers enter the market. The Prestigious real estate project with stock price could rise to ₹495-505 in the next few weeks.
This increase could happen faster if the current uptrend continues. Traders can buy now and accumulate on a dip at ₹448. Keep the stop loss at ₹435. Watch the stop loss up to $466 as soon as the stock rallies to $473. Move the stop loss up to ₹478 when the price hits the ₹485 level. Exit buy order at ₹495.
(Note: Recommendations are based on technical analysis. There is a risk of loss in trading.)
