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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 2024-12-12 View latest technical analysis

10 day averaged volume of Prakash Industries is 1105491

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	178.42	181.54	182.50	178.00	0.847 times
11 Wed Dec 2024	180.88	176.20	183.55	176.20	1.918 times
10 Tue Dec 2024	175.60	170.90	176.72	168.52	2.029 times
09 Mon Dec 2024	169.38	171.00	172.30	168.71	0.699 times
06 Fri Dec 2024	170.89	170.45	173.16	170.00	0.708 times
05 Thu Dec 2024	170.45	172.00	172.34	169.00	0.473 times
04 Wed Dec 2024	170.78	168.40	172.50	167.62	0.71 times
03 Tue Dec 2024	167.40	166.38	170.30	166.00	1.967 times
02 Mon Dec 2024	166.42	168.40	169.00	165.91	0.467 times
29 Fri Nov 2024	167.41	169.95	170.70	166.35	0.47 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 179.4, for a target of 174 or 169.42

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	147.90
Downside Target	159.05
Downside Target	165.10
Downside Target	173.16
Downside Target	175.20
Upside Target	178.48
Upside Target	183.55
Upside Target	184.40
Upside Target	224.89
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	170.11
Downside Intraday Target	161.8
Upside Intraday Target	185.14
Upside Intraday Target	191.86
Downside Intraday Target	176.83

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	178.42	171.00	183.55	168.52	1.27 times
06 Fri Dec 2024	170.89	168.40	173.16	165.91	1.418 times
29 Fri Nov 2024	167.41	171.90	175.20	165.10	1.891 times
22 Fri Nov 2024	162.71	169.90	174.30	159.05	0.416 times
14 Thu Nov 2024	169.49	168.50	178.48	166.00	1.564 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
12 Thu Dec 2024	178.42	168.40	183.55	165.91	0.878 times
29 Fri Nov 2024	167.41	168.00	178.48	159.05	0.903 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

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 losing 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 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 but buying is losing 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 173.14 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.