Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-12 View latest technical analysis

10 day averaged volume of Praj Industries is 652831

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	485.05	488.00	489.05	479.85	0.899 times
11 Mon Mar 2024	485.05	498.50	501.00	484.00	1.426 times
07 Thu Mar 2024	498.50	504.05	506.80	496.00	0.773 times
06 Wed Mar 2024	503.75	516.00	516.00	496.25	0.656 times
05 Tue Mar 2024	512.90	507.95	515.00	505.00	0.7 times
04 Mon Mar 2024	507.10	502.60	512.65	501.75	0.708 times
02 Sat Mar 2024	502.60	505.00	509.75	501.85	0.121 times
01 Fri Mar 2024	504.20	502.00	512.90	501.00	1.2 times
29 Thu Feb 2024	499.95	502.00	503.25	486.25	1.677 times
28 Wed Feb 2024	503.70	518.70	519.50	500.00	0.716 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 485.7, for a target of 495.7 or 504.06

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	470.95
Upside Target	496.00
Upside Target	516.00
Upside Target	519.90
Upside Target	522.60
Upside Target	522.85
Upside Target	532.90
Upside Target	562.90
Upside Target	649.15
Upside Target	650.50

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	476.27
Downside Intraday Target	467.48
Upside Intraday Target	497.42
Upside Intraday Target	509.78
Upside Intraday Target	488.63

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	485.05	498.50	501.00	479.85	0.82 times
07 Thu Mar 2024	498.50	502.60	516.00	496.00	0.428 times
02 Sat Mar 2024	502.60	513.70	532.90	486.25	1.317 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

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
12 Tue Mar 2024	485.05	502.00	516.00	479.85	0.195 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
29 Fri Dec 2023	556.00	644.55	649.15	522.60	1.987 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 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 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 Strong and stock is gaining momentum.

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

Praj Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Praj Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 498.71 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.