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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 2024-04-03 View latest technical analysis

10 day averaged volume of Prakash Industries is 848151

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	178.80	178.85	182.00	177.60	0.788 times
02 Tue Apr 2024	178.95	173.90	181.20	170.45	0.935 times
01 Mon Apr 2024	171.60	166.50	173.20	166.45	0.732 times
28 Thu Mar 2024	166.25	164.00	173.95	163.85	1.107 times
27 Wed Mar 2024	162.60	161.10	165.15	159.55	1.205 times
26 Tue Mar 2024	159.45	165.00	168.35	158.65	0.721 times
22 Fri Mar 2024	165.45	146.00	170.30	146.00	2.636 times
21 Thu Mar 2024	146.75	143.70	149.80	143.60	0.632 times
20 Wed Mar 2024	141.95	144.40	146.15	140.40	0.548 times
19 Tue Mar 2024	142.80	146.60	149.95	141.10	0.672 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 171, but if it comes below 171, then a intra day sell could be more profitable.
If you take a sell trade below 171, then use 171 as stoploss and 157.73 as target. However if you take a buy trade in stock , then use 171 as stoploss and 187 as target.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	128.15
Downside Target	135.70
Downside Target	140.40
Downside Target	158.65
Downside Target	164.40
Downside Target	170.30
Downside Target	173.95
Upside Target	181.05
Upside Target	182.00
Upside Target	183.50
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	169.5
Downside Intraday Target	160.2
Upside Intraday Target	185.05
Upside Intraday Target	191.3
Downside Intraday Target	175.75

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	178.80	166.50	182.00	166.45	0.809 times
28 Thu Mar 2024	166.25	165.00	173.95	158.65	0.572 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

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 Prakash Industries (PRAKASH)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	178.80	166.50	182.00	166.45	0.122 times
28 Thu Mar 2024	166.25	174.00	183.50	128.15	1.111 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

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 Prakash Industries (PRAKASH)

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Prakash Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prakash Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prakash 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 163.53 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.