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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 2024-04-24 View latest technical analysis

10 day averaged volume of Prakash Industries is 412434

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	175.50	167.50	177.25	167.15	2.261 times
23 Tue Apr 2024	166.00	169.10	169.70	164.00	0.717 times
22 Mon Apr 2024	168.55	167.80	170.05	166.10	0.575 times
19 Fri Apr 2024	164.10	163.65	167.45	161.20	1.008 times
18 Thu Apr 2024	167.30	169.80	172.05	166.70	0.927 times
16 Tue Apr 2024	168.20	165.00	172.70	165.00	0.741 times
15 Mon Apr 2024	167.80	162.55	171.55	162.55	1.621 times
12 Fri Apr 2024	174.80	174.00	175.25	169.35	1.41 times
10 Wed Apr 2024	174.35	173.75	176.30	172.75	0.981 times
09 Tue Apr 2024	173.65	177.75	179.50	171.35	0.932 times

Stock of Prakash Industries (PRAKASH) 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 177.1 as stoploss in an intra day sell trade for a target of 171. However, stock will show a bullish move above 177.1.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	128.15
Downside Target	135.70
Downside Target	158.65
Upside Target	181.05
Upside Target	181.50
Upside Target	183.50
Upside Target	184.00
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	167.25
Downside Intraday Target	159
Upside Intraday Target	180.5
Upside Intraday Target	185.5
Downside Intraday Target	172.25

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	175.50	167.80	177.25	164.00	0.827 times
19 Fri Apr 2024	164.10	162.55	172.70	161.20	0.974 times
12 Fri Apr 2024	174.80	178.90	181.50	169.35	0.592 times
05 Fri Apr 2024	177.25	166.50	184.00	166.45	1.196 times
28 Thu Mar 2024	166.25	165.00	173.95	158.65	0.572 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
24 Wed Apr 2024	175.50	166.50	184.00	161.20	0.475 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Prakash Industries in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

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

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 negative zone. This is the SELL 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 170.88 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 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.