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(PRAKASH) Prakash Industries complete technical analysis [charts+indicators] | Buy/Sell Prakash Industries | (PRAKASH) share price targets

Complete technical analysis of Prakash Industries (PRAKASH) by charts plus indicators, forecast predictions and share price targets for Prakash Industries (PRAKASH)

Prakash Industries trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Prakash Industries is 1181497

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	159.45	165.00	168.35	158.65	0.518 times
22 Fri Mar 2024	165.45	146.00	170.30	146.00	1.893 times
21 Thu Mar 2024	146.75	143.70	149.80	143.60	0.454 times
20 Wed Mar 2024	141.95	144.40	146.15	140.40	0.393 times
19 Tue Mar 2024	142.80	146.60	149.95	141.10	0.482 times
18 Mon Mar 2024	146.55	150.05	152.70	145.40	0.583 times
15 Fri Mar 2024	149.45	146.90	151.50	140.25	0.682 times
14 Thu Mar 2024	145.65	131.00	149.80	128.15	1.485 times
13 Wed Mar 2024	131.30	143.00	150.70	130.00	1.403 times
12 Tue Mar 2024	144.65	151.00	154.90	140.80	1.127 times

My analysis of stock is bullish for shortterm, and stock might move up till 172.1 or till 188.7. Use a stoploss of 158.33 and if this stock hits its stoploss, then it can fall down till 144.54

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	115.00
Downside Target	128.15
Downside Target	135.70
Downside Target	140.40
Downside Target	144.80
Downside Target	158.65
Upside Target	164.40
Upside Target	181.05
Upside Target	183.50
Upside Target	189.95
Upside Target	203.00
Upside Target	219.80
Upside Target	223.60

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	155.95
Downside Intraday Target	152.45
Upside Intraday Target	165.65
Upside Intraday Target	171.85
Upside Intraday Target	162.15

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	159.45	165.00	168.35	158.65	0.136 times
22 Fri Mar 2024	165.45	150.05	170.30	140.40	0.614 times
15 Fri Mar 2024	149.45	163.80	166.00	128.15	3.416 times
07 Thu Mar 2024	163.80	182.90	183.50	160.05	0.679 times
02 Sat Mar 2024	181.40	183.00	189.95	164.40	0.945 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 Prakash Industries (PRAKASH)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	159.45	174.00	183.50	128.15	0.984 times
29 Thu Feb 2024	172.60	211.00	223.60	164.40	2.944 times
31 Wed Jan 2024	209.25	186.05	219.80	181.05	0.122 times
19 Thu Oct 2023	193.55	143.10	203.00	135.70	1.145 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 Prakash Industries (PRAKASH)

Price action analysis of Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) 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 Prakash Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Prakash 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.

Prakash 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 coming down

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

RSI is generating a BUY signal in short term but buying 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 Prakash 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 148.33 and Prakash Industries (PRAKASH) 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 Prakash Industries (PRAKASH) stock. Volume based technical analysis of Prakash Industries (PRAKASH) stock is negative.

Prakash Industries Stock is giving positive 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.