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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 2024-11-06 View latest technical analysis

10 day averaged volume of Prakash Industries is 600981

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	170.01	173.00	173.90	168.63	0.998 times
05 Tue Nov 2024	170.62	166.00	173.84	165.04	1.045 times
04 Mon Nov 2024	165.13	171.45	171.45	162.30	0.769 times
01 Fri Nov 2024	170.12	168.00	170.74	168.00	0.305 times
31 Thu Oct 2024	166.83	166.40	168.65	165.12	0.498 times
30 Wed Oct 2024	166.37	155.95	167.95	154.79	1.445 times
29 Tue Oct 2024	154.81	152.50	155.92	149.70	1.133 times
28 Mon Oct 2024	153.84	151.91	157.04	147.90	1.156 times
25 Fri Oct 2024	151.92	158.00	158.00	150.50	1.89 times
24 Thu Oct 2024	156.56	160.20	161.50	156.05	0.846 times

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 171.1 as stoploss in an intra day sell trade for a target of 164.8. However, stock will show a bullish move above 171.1.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	147.90
Downside Target	161.60
Downside Target	169.14
Upside Target	173.90
Upside Target	174.50
Upside Target	175.55
Upside Target	177.63
Upside Target	184.40
Upside Target	212.00
Upside Target	224.89
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	163.57
Downside Intraday Target	157.14
Upside Intraday Target	175.17
Upside Intraday Target	180.34
Downside Intraday Target	168.74

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	170.01	171.45	173.90	162.30	0.62 times
01 Fri Nov 2024	170.12	151.91	170.74	147.90	0.726 times
25 Fri Oct 2024	151.92	168.90	170.04	150.50	1.909 times
18 Fri Oct 2024	168.07	170.45	173.30	165.01	0.61 times
11 Fri Oct 2024	169.26	176.00	177.63	161.60	0.968 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
06 Wed Nov 2024	170.01	168.00	173.90	162.30	0.137 times
31 Thu Oct 2024	166.83	182.35	184.40	147.90	0.383 times
30 Mon Sep 2024	181.96	222.20	224.89	174.50	0.84 times
30 Fri Aug 2024	221.09	195.61	237.00	169.14	1.251 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 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 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 SELL. 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 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 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 SELL signal in short term but selling is losing 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 160.95 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.