logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Prakash Industries is 4430221

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 80.75 82.50 84.50 80.40 0.408 times
13 Tue Apr 2021 83.35 79.85 84.95 79.85 0.412 times
12 Mon Apr 2021 79.45 85.80 85.80 78.50 0.772 times
09 Fri Apr 2021 87.90 85.25 90.85 84.50 0.929 times
08 Thu Apr 2021 85.00 86.00 88.80 83.75 1.243 times
07 Wed Apr 2021 81.05 82.80 83.40 80.15 0.421 times
06 Tue Apr 2021 82.20 83.70 84.70 81.00 0.677 times
05 Mon Apr 2021 83.20 82.75 84.40 77.60 1.388 times
01 Thu Apr 2021 81.40 74.80 83.10 73.20 1.857 times
31 Wed Mar 2021 74.20 66.45 77.45 65.40 2.022 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 82.4 as stoploss in an intra day sell trade for a target of 74.08. However, stock will show a bullish move above 82.4.

Share price targets for Prakash Industries (PRAKASH)

Target Type Value
Downside Target 45.05
Downside Target 47.10
Downside Target 50.15
Downside Target 52.70
Downside Target 58.35
Downside Target 62.85
Downside Target 65.40
Downside Target 70.90
Downside Target 73.20
Downside Target 77.45
Downside Target 78.50
Upside Target 83.10
Upside Target 85.80
Upside Target 90.85

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type Value
Downside Intraday Target 77.57
Downside Intraday Target 74.38
Upside Intraday Target 84.87
Upside Intraday Target 88.98
Upside Intraday Target 81.68

Weekly technical analysis of Prakash Industries (PRAKASH)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 80.75 85.80 85.80 78.50 0.342 times
09 Fri Apr 2021 87.90 82.75 90.85 77.60 1.12 times
01 Thu Apr 2021 81.40 66.40 83.10 65.40 2.218 times
26 Fri Mar 2021 65.10 67.15 70.90 59.50 0.429 times
19 Fri Mar 2021 67.15 65.95 74.40 62.85 0.877 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
15 Thu Apr 2021 80.75 74.80 90.85 73.20 0.47 times
31 Wed Mar 2021 74.20 53.00 77.45 52.70 3.703 times
25 Thu Feb 2021 54.85 51.00 58.35 47.10 0.747 times
29 Fri Jan 2021 51.20 55.40 65.45 50.15 1.11 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)

Indicator Name Indicator Value Indicator Signal
ADX 28, 15, 31 Buy
MACD 11, 11Buy
Stochastics 63None
CCI 5Sell
RSI 57Buy
OBV 37652045Sell
VWAP 81Sell
ADL 0Sell
ROC 22Buy
Force Index 0Sell

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 81.19 and Prakash Industries (PRAKASH) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Prakash Industries charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme