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The short-term outlook is bullish for Prudent Corporate Advisory Services. The 3.5 per cent rise on Thursday indicates that the stock has begun a new leg of an upmove. The rise is happening after forming a strong base above ₹2,600. This, coupled with the moving average crossovers on the daily chart, strengthens the bullish case. It also signals that the downside could be limited. Support is now in the ₹2,730- ₹2,710 range.
Prudent Corporate Advisory Services’ share price can rise to ₹3,050-₹3,100 in the coming weeks. Traders can buy the stock now at ₹2,809. Accumulate on dips at ₹2,760. Keep the stop-loss at ₹2,670 initially. Trail the stop-loss up to ₹2,840 when the price goes up to ₹2,875. Revise the stop-loss higher to ₹2,880 and ₹2,960 when the share price touches ₹2,910 and ₹2,990, respectively. Exit the long positions at ₹3,050.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on June 12, 2026
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