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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 2024-03-18 View latest technical analysis

10 day averaged volume of Praj Industries is 635182

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	474.10	465.75	485.50	463.00	1.657 times
15 Fri Mar 2024	459.75	452.70	470.00	448.00	1.636 times
14 Thu Mar 2024	451.20	450.00	462.80	448.55	1.259 times
13 Wed Mar 2024	455.05	486.00	487.05	450.50	1.675 times
12 Tue Mar 2024	485.05	488.00	489.05	479.85	0.924 times
11 Mon Mar 2024	485.05	498.50	501.00	484.00	1.466 times
07 Thu Mar 2024	498.50	504.05	506.80	496.00	0.795 times
06 Wed Mar 2024	503.75	516.00	516.00	496.25	0.674 times
05 Tue Mar 2024	512.90	507.95	515.00	505.00	0.72 times
04 Mon Mar 2024	507.10	502.60	512.65	501.75	0.727 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 475.6, but if it comes above 475.6, then a intra day buy could be more profitable.
If you take a sell trade below 475.6, then use 475.6 as stoploss and 451.9 as target. However if you take a buy trade in stock , then use 475.6 as stoploss and 495.38 as target.

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	448.00
Downside Target	463.00
Upside Target	485.50
Upside Target	496.00
Upside Target	516.00
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	462.9
Downside Intraday Target	451.7
Upside Intraday Target	485.4
Upside Intraday Target	496.7
Upside Intraday Target	474.2

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	474.10	465.75	485.50	463.00	0.238 times
15 Fri Mar 2024	459.75	498.50	501.00	448.00	2.387 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

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
18 Mon Mar 2024	474.10	502.00	516.00	448.00	0.377 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 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 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 losing momentum.

MACD generated a SELL signal for Praj Industries in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Praj Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 476.98 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.