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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 530476

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	508.75	495.00	511.55	491.10	0.659 times
18 Thu Apr 2024	502.30	509.00	512.45	498.90	0.713 times
16 Tue Apr 2024	508.45	502.25	516.95	495.00	0.743 times
15 Mon Apr 2024	503.40	507.00	510.00	491.25	0.743 times
12 Fri Apr 2024	512.05	523.15	523.15	510.40	0.739 times
10 Wed Apr 2024	519.95	526.05	531.90	517.45	1.989 times
09 Tue Apr 2024	524.35	529.80	530.60	521.00	1.083 times
08 Mon Apr 2024	526.55	541.00	545.15	525.00	0.813 times
05 Fri Apr 2024	537.15	544.30	548.00	535.05	0.817 times
04 Thu Apr 2024	547.55	549.75	553.75	537.00	0.915 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 505.7 as stoploss in an intra day buy trade for a target of 523.16. However, stock will show a bearish move below 505.7.

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	448.00
Downside Target	463.00
Downside Target	491.10
Upside Target	510.40
Upside Target	537.75
Upside Target	545.15
Upside Target	545.60
Upside Target	553.75
Upside Target	562.90
Upside Target	649.15

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	494.25
Downside Intraday Target	479.75
Upside Intraday Target	520.1
Upside Intraday Target	531.45
Downside Intraday Target	505.6

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	508.75	507.00	516.95	491.10	0.618 times
12 Fri Apr 2024	512.05	541.00	545.15	510.40	0.914 times
05 Fri Apr 2024	537.15	532.95	553.75	530.05	0.871 times
28 Thu Mar 2024	532.95	529.00	545.60	520.05	0.24 times
22 Fri Mar 2024	531.95	465.75	537.75	463.00	2.909 times

Price has moved down 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
19 Fri Apr 2024	508.75	532.95	553.75	491.10	0.288 times
28 Thu Mar 2024	532.95	502.00	545.60	448.00	1.063 times
29 Thu Feb 2024	499.95	504.00	532.90	470.95	1.517 times
31 Wed Jan 2024	498.10	560.00	562.90	496.65	0.328 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Praj Industries ( (PRAJIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Praj Industries ( (PRAJIND) ) based on a short 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.

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

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Praj Industries in short term but the sell signal is initial and weak.

Praj Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Praj Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 520.25 and Praj Industries (PRAJIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.