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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 2024-03-20 View latest technical analysis

10 day averaged volume of Praj Industries is 726225

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	518.10	473.95	525.75	473.70	8.898 times
19 Tue Mar 2024	473.70	475.05	479.00	470.10	0.549 times
18 Mon Mar 2024	474.10	465.75	485.50	463.00	1.449 times
15 Fri Mar 2024	459.75	452.70	470.00	448.00	1.431 times
14 Thu Mar 2024	451.20	450.00	462.80	448.55	1.101 times
13 Wed Mar 2024	455.05	486.00	487.05	450.50	1.465 times
12 Tue Mar 2024	485.05	488.00	489.05	479.85	0.808 times
11 Mon Mar 2024	485.05	498.50	501.00	484.00	1.282 times
07 Thu Mar 2024	498.50	504.05	506.80	496.00	0.695 times
06 Wed Mar 2024	503.75	516.00	516.00	496.25	0.589 times

Stock of Praj Industries (PRAJIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 515, but if it comes below 515, then a intra day sell could be more profitable.
If you take a sell trade below 515, then use 515 as stoploss and 494.35 as target. However if you take a buy trade in stock , then use 515 as stoploss and 539.7 as target.

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	448.00
Downside Target	463.00
Downside Target	486.25
Downside Target	496.00
Downside Target	516.00
Upside Target	525.75
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	478.82
Downside Intraday Target	439.53
Upside Intraday Target	541.57
Upside Intraday Target	565.03
Downside Intraday Target	502.28

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	518.10	465.75	525.75	463.00	1.79 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Praj Industries (PRAJIND)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	518.10	502.00	525.75	448.00	0.693 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 up 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Praj Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 494.62 and Praj Industries (PRAJIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.