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(PPL) Prakash Pipes complete technical analysis [charts+indicators] | Buy/Sell Prakash Pipes | (PPL) share price targets

Complete technical analysis of Prakash Pipes (PPL) by charts plus indicators, forecast predictions and share price targets for Prakash Pipes (PPL)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Prakash Pipes is 84808

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	402.20	398.40	412.90	396.00	1.023 times
05 Fri Apr 2024	395.35	400.35	401.75	391.90	0.494 times
04 Thu Apr 2024	402.10	396.70	405.00	392.40	0.983 times
03 Wed Apr 2024	395.70	376.80	397.30	376.80	1.418 times
02 Tue Apr 2024	378.40	368.95	380.40	363.45	1.059 times
01 Mon Apr 2024	368.80	346.00	371.00	345.00	0.814 times
28 Thu Mar 2024	353.10	362.50	372.10	352.05	1.481 times
27 Wed Mar 2024	362.50	362.30	372.95	360.05	1.012 times
26 Tue Mar 2024	362.30	371.95	374.15	360.00	0.776 times
22 Fri Mar 2024	371.55	366.00	378.30	357.40	1.037 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 390.5, but if it comes below 390.5, then a intra day sell could be more profitable.
If you take a sell trade below 390.5, then use 390.5 as stoploss and 371.62 as target. However if you take a buy trade in stock , then use 390.5 as stoploss and 413.1 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	319.80
Downside Target	345.00
Downside Target	374.15
Downside Target	388.05
Upside Target	405.00
Upside Target	409.85
Upside Target	412.90
Upside Target	423.00
Upside Target	474.40
Upside Target	487.55
Upside Target	493.00

Intraday share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Intraday Target	394.5
Downside Intraday Target	386.8
Upside Intraday Target	411.4
Upside Intraday Target	420.6
Upside Intraday Target	403.7

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	402.20	398.40	412.90	396.00	0.215 times
05 Fri Apr 2024	395.35	346.00	405.00	345.00	1.459 times
28 Thu Mar 2024	353.10	371.95	374.15	352.05	0.782 times
22 Fri Mar 2024	371.55	362.00	378.30	345.20	0.562 times
15 Fri Mar 2024	354.55	400.80	409.85	319.80	2.392 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Prakash Pipes (PPL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	402.20	346.00	412.90	345.00	0.308 times
28 Thu Mar 2024	353.10	417.80	423.00	319.80	0.591 times
29 Thu Feb 2024	410.65	445.35	487.55	397.35	0.547 times
31 Wed Jan 2024	443.25	410.00	493.00	388.05	1.348 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prakash Pipes (PPL)

Price action analysis of Prakash Pipes ( (PPL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prakash Pipes stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Prakash Pipes in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prakash Pipes Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Pipes in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Prakash Pipes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 378.36 and Prakash Pipes (PPL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Prakash Pipes (PPL) stock. Volume based technical analysis of Prakash Pipes (PPL) stock is negative.

Prakash Pipes Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.