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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 2024-03-19 View latest technical analysis

10 day averaged volume of Praj Industries is 732561

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	473.70	475.05	479.00	470.10	0.544 times
18 Mon Mar 2024	474.10	465.75	485.50	463.00	1.437 times
15 Fri Mar 2024	459.75	452.70	470.00	448.00	1.419 times
14 Thu Mar 2024	451.20	450.00	462.80	448.55	1.091 times
13 Wed Mar 2024	455.05	486.00	487.05	450.50	1.453 times
12 Tue Mar 2024	485.05	488.00	489.05	479.85	0.801 times
11 Mon Mar 2024	485.05	498.50	501.00	484.00	1.271 times
07 Thu Mar 2024	498.50	504.05	506.80	496.00	0.689 times
06 Wed Mar 2024	503.75	516.00	516.00	496.25	0.584 times
05 Tue Mar 2024	512.90	507.95	515.00	505.00	0.624 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 473.5 as stoploss in an intra day buy trade for a target of 493.51. However, stock will show a bearish move below 473.5.

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	462.63
Downside Intraday Target	451.57
Upside Intraday Target	485.13
Upside Intraday Target	496.57
Upside Intraday Target	474.07

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	473.70	465.75	485.50	463.00	0.328 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
19 Tue Mar 2024	473.70	502.00	516.00	448.00	0.396 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

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

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

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

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 474.89 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.