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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 2024-11-21 View latest technical analysis

10 day averaged volume of Prakash Industries is 738824

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	160.94	165.50	166.35	160.50	0.62 times
19 Tue Nov 2024	167.11	168.50	171.61	166.15	0.386 times
18 Mon Nov 2024	167.16	169.90	174.30	162.91	0.728 times
14 Thu Nov 2024	169.49	173.00	176.33	168.15	1.724 times
13 Wed Nov 2024	170.29	172.80	176.33	167.72	1.258 times
12 Tue Nov 2024	174.36	176.50	177.77	170.10	1.341 times
11 Mon Nov 2024	174.90	168.50	178.48	166.00	1.479 times
08 Fri Nov 2024	169.59	171.25	172.77	168.54	0.571 times
07 Thu Nov 2024	170.61	171.35	174.20	168.52	0.851 times
06 Wed Nov 2024	170.01	173.00	173.90	168.63	0.812 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 159 as stoploss in an intra day buy trade for a target of 165.59. However, stock will show a bearish move below 159.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	147.90
Downside Target	160.50
Upside Target	166.00
Upside Target	174.20
Upside Target	174.50
Upside Target	175.55
Upside Target	178.48
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	156.19
Downside Intraday Target	151.45
Upside Intraday Target	169.99
Upside Intraday Target	179.05
Upside Intraday Target	165.25

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	160.94	169.90	174.30	160.50	0.299 times
14 Thu Nov 2024	169.49	168.50	178.48	166.00	1.564 times
08 Fri Nov 2024	169.59	171.45	174.20	162.30	1.005 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

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
21 Thu Nov 2024	160.94	168.00	178.48	160.50	0.62 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 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 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 short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Prakash Industries in short term and the sell signal is strong.

Prakash Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 170.42 and Prakash Industries (PRAKASH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

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