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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.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Praj Industries is 665222

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	499.95	502.00	503.25	486.25	1.646 times
28 Wed Feb 2024	503.70	518.70	519.50	500.00	0.702 times
27 Tue Feb 2024	516.05	513.50	532.90	512.00	1.986 times
26 Mon Feb 2024	513.60	513.70	520.00	509.90	0.878 times
23 Fri Feb 2024	513.65	508.95	518.60	504.30	0.956 times
22 Thu Feb 2024	508.95	502.10	513.70	497.10	0.918 times
21 Wed Feb 2024	501.25	512.75	514.60	500.00	0.71 times
20 Tue Feb 2024	511.25	512.50	519.90	506.00	1.109 times
19 Mon Feb 2024	512.30	506.45	518.00	503.25	1.247 times
16 Fri Feb 2024	499.70	507.90	509.35	497.55	0.655 times

My analysis of stock is bearish for shortterm, and stock might move down till 488 or till 473. Use a stoploss of 500.52 and if the stock hits stoploss, then it can shoot up till 513.02

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	470.95
Downside Target	486.25
Downside Target	496.65
Upside Target	522.60
Upside Target	522.85
Upside Target	532.90
Upside Target	562.90
Upside Target	614.65
Upside Target	649.15
Upside Target	650.50

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	479.83
Downside Intraday Target	459.72
Upside Intraday Target	526.48
Upside Intraday Target	553.02
Upside Intraday Target	506.37

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	499.95	513.70	532.90	486.25	1.055 times
23 Fri Feb 2024	513.65	506.45	519.90	497.10	0.9 times
16 Fri Feb 2024	499.70	503.50	510.00	472.00	0.506 times
09 Fri Feb 2024	499.55	481.95	516.85	470.95	1.036 times
02 Fri Feb 2024	477.25	519.35	519.35	475.05	2.585 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
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
29 Fri Dec 2023	556.00	644.55	649.15	522.60	1.987 times
30 Thu Nov 2023	644.60	522.85	650.50	522.85	1.133 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Praj Industries ( (PRAJIND) ) 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 Praj Industries ( (PRAJIND) ) 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 Praj Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Praj Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining 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 508.89 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 negative.

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