Double Bottom Formation--PRAJ- Bullish view- Educational PurposePRAJ INDUSTRIES LTDNSE:PRAJINDmgvirus1BOUNCE FROM WEEKLY DEMAND ZONE- BULLISH VIEW EDUCATIONAL PURPOSE Bounce back observed from weekly demand zone after consolidation of 6-7 weeks Double bottom formation in weekly demand zone indicates reversal of downtrend Fibo Targets Target 1 : 1088 (116%) (24-36 months)--June 2028 Target 2 : 1240 (146%) (40-60 months)-- June 2030 stoploss : Weekly closing below 438 (-15%) RR ratio 1:10 Only long term view, Need to clear hurdle near 825-850