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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 2024-09-02 View latest technical analysis

10 day averaged volume of Prakash Industries is 3308542

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	219.88	222.20	223.79	215.19	0.461 times
30 Fri Aug 2024	221.09	228.80	230.59	220.00	0.308 times
29 Thu Aug 2024	226.72	225.50	232.20	220.21	0.752 times
28 Wed Aug 2024	224.42	233.00	234.80	223.16	0.671 times
27 Tue Aug 2024	231.40	234.00	237.00	228.55	1.034 times
26 Mon Aug 2024	230.88	210.70	234.80	210.00	2.828 times
23 Fri Aug 2024	208.32	205.00	216.45	205.00	1.086 times
22 Thu Aug 2024	204.08	204.80	209.12	201.88	0.378 times
21 Wed Aug 2024	203.21	203.00	209.20	201.82	1.369 times
20 Tue Aug 2024	199.49	202.00	202.24	194.00	0.51 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 219.4, but if it comes below 219.4, then a intra day sell could be more profitable.
If you take a sell trade below 219.4, then use 219.4 as stoploss and 199.04 as target. However if you take a buy trade in stock , then use 219.4 as stoploss and 243.9 as target.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	150.65
Downside Target	169.14
Downside Target	173.00
Downside Target	179.45
Downside Target	185.00
Downside Target	196.66
Downside Target	210.00
Downside Target	215.19
Downside Target	216.45
Upside Target	223.79
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	215.45
Downside Intraday Target	211.02
Upside Intraday Target	224.05
Upside Intraday Target	228.22
Downside Intraday Target	219.62

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	219.88	222.20	223.79	215.19	0.082 times
30 Fri Aug 2024	221.09	210.70	237.00	210.00	1.269 times
23 Fri Aug 2024	208.32	186.40	216.45	186.40	3.84 times
16 Fri Aug 2024	185.68	178.98	187.99	173.00	1.007 times
09 Fri Aug 2024	178.24	183.60	185.00	169.14	0.724 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
02 Mon Sep 2024	219.88	222.20	223.79	215.19	0.036 times
30 Fri Aug 2024	221.09	195.61	237.00	169.14	1.251 times
31 Wed Jul 2024	195.28	184.05	212.00	175.55	1.841 times
28 Fri Jun 2024	183.94	165.55	196.66	138.00	1.642 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Prakash Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Prakash Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Prakash Industries in short term but SELL 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

Although the stock is in the BUY zone, but buying 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 219.86 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.