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(PRAJIND) Praj Industries complete technical analysis [charts+indicators] | Buy/Sell Praj Industries | (PRAJIND) share price targets

Complete technical analysis of Praj Industries (PRAJIND) by charts plus indicators, forecast predictions and share price targets for Praj Industries (PRAJIND)

Praj Industries trades in NSE in Construction & Engineering sector.

10 day averaged volume of Praj Industries is 3403246

Date Daily Closing Price Open High Low Volume
08 Tue Jun 2021 398.40 395.00 407.00 380.10 1.247 times
07 Mon Jun 2021 392.20 397.00 404.70 387.00 1.542 times
04 Fri Jun 2021 375.15 369.00 385.00 350.35 1.642 times
03 Thu Jun 2021 365.05 373.45 373.45 360.10 1.616 times
02 Wed Jun 2021 339.50 328.45 344.20 328.40 0.833 times
01 Tue Jun 2021 326.80 339.20 339.80 319.45 0.691 times
31 Mon May 2021 337.85 337.30 344.45 335.35 0.418 times
28 Fri May 2021 334.50 349.00 350.90 333.00 0.615 times
27 Thu May 2021 347.60 358.00 358.40 341.10 0.485 times
26 Wed May 2021 361.35 356.15 371.90 356.00 1.029 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 407.6, for a target of 376.7 or 350.98

Share price targets for Praj Industries (PRAJIND)

Target Type Value
Downside Target 113.05
Downside Target 150.00
Downside Target 182.20
Downside Target 200.70
Downside Target 235.00
Downside Target 251.90
Downside Target 272.00
Downside Target 308.00
Downside Target 319.45
Downside Target 351.15
Downside Target 371.90
Downside Target 380.10
Downside Target 398.25
Upside Target 407.00

Intraday share price targets for Praj Industries (PRAJIND)

Target Type Value
Downside Intraday Target 383.33
Downside Intraday Target 368.27
Upside Intraday Target 410.23
Upside Intraday Target 422.07
Downside Intraday Target 395.17

Weekly technical analysis of Praj Industries (PRAJIND)

Date Weekly Closing Price Open High Low Volume
08 Tue Jun 2021 398.40 397.00 407.00 380.10 0.536 times
04 Fri Jun 2021 375.15 337.30 385.00 319.45 1.05 times
28 Fri May 2021 334.50 355.45 371.90 325.00 0.5 times
21 Fri May 2021 351.80 315.00 398.25 308.00 0.88 times
14 Fri May 2021 313.05 274.50 351.15 272.00 0.969 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 Praj Industries (PRAJIND)

Date Monthly Closing Price Open High Low Volume
08 Tue Jun 2021 398.40 339.20 407.00 319.45 0.199 times
31 Mon May 2021 337.85 235.45 398.25 235.00 1.594 times
30 Fri Apr 2021 234.65 196.05 251.90 182.20 1.167 times
31 Wed Mar 2021 194.85 166.00 200.70 151.85 1.543 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 Praj Industries (PRAJIND)

Indicator Name Indicator Value Indicator Signal
ADX 35, 18, 33 Buy
MACD 62, 59Buy
Stochastics 87Buy
CCI 126Buy
RSI 57Buy
OBV 62916277Sell
VWAP 366Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Praj Industries ( (PRAJIND) ) 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 Praj Industries ( (PRAJIND) ) 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 Praj Industries ( (PRAJIND) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Praj Industries ( (PRAJIND) ) based on a mid to longer 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.

ADX buy sell signal for Praj Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Praj Industries in short term and the buy signal is strong.

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

Praj Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Praj Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Praj Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 366.03 and Praj Industries (PRAJIND) 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 Praj Industries (PRAJIND) stock. Volume based technical analysis of Praj Industries (PRAJIND) stock is negative.

Praj Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Click here for Praj Industries charts

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Daily charts

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Daily chart
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