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

(PRAKASHSTL) Prakash Steelage complete technical analysis [charts+indicators] | Buy/Sell Prakash Steelage | (PRAKASHSTL) share price targets

Complete technical analysis of Prakash Steelage (PRAKASHSTL) by charts plus indicators, forecast predictions and share price targets for Prakash Steelage (PRAKASHSTL)

Prakash Steelage trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-10-03 View latest technical analysis

10 day averaged volume of Prakash Steelage is 1282524

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.90	9.36	9.36	8.86	0.76 times
01 Tue Oct 2024	9.33	9.60	9.62	9.17	1.912 times
30 Mon Sep 2024	9.17	9.00	9.31	8.85	0.787 times
27 Fri Sep 2024	8.87	9.08	9.14	8.80	0.424 times
26 Thu Sep 2024	8.84	8.95	9.10	8.75	0.433 times
25 Wed Sep 2024	8.81	9.04	9.08	8.71	0.476 times
24 Tue Sep 2024	8.90	9.15	9.15	8.85	0.634 times
23 Mon Sep 2024	9.04	9.36	9.36	9.00	0.457 times
08 Mon Jan 2024	12.80	12.80	12.80	12.30	1.569 times
05 Fri Jan 2024	12.20	12.20	12.20	11.85	3.059 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 8.6 as stoploss in an intra day buy trade for a target of 9.82. However, stock will show a bearish move below 8.6.

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	4.35
Downside Target	6.85
Downside Target	7.30
Downside Target	8.71
Upside Target	9.25
Upside Target	9.62
Upside Target	9.65
Upside Target	10.35
Upside Target	12.20
Upside Target	12.30
Upside Target	12.80

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	8.63
Downside Intraday Target	8.35
Upside Intraday Target	9.4
Upside Intraday Target	9.89
Upside Intraday Target	9.12

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.90	9.00	9.62	8.85	1.426 times
27 Fri Sep 2024	8.87	9.36	9.36	8.71	1.545 times
08 Mon Jan 2024	12.80	12.80	12.80	12.30	0.129 times
05 Fri Jan 2024	12.20	10.00	12.20	9.65	0.73 times
29 Fri Dec 2023	9.65	9.25	10.35	9.25	0.884 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 Steelage (PRAKASHSTL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.90	9.60	9.62	8.86	0.832 times
30 Mon Sep 2024	9.17	9.36	9.36	8.71	0.233 times
08 Mon Jan 2024	12.80	10.00	12.80	9.65	0.386 times
29 Fri Dec 2023	9.65	7.00	10.35	6.85	0.633 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 Steelage (PRAKASHSTL)

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) 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 Steelage ( (PRAKASHSTL) ) based on a short 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 Steelage ( (PRAKASHSTL) ) 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 Steelage ( (PRAKASHSTL) ) 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 Steelage stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Prakash Steelage in short term but the sell signal is initial and weak.

Prakash Steelage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Prakash Steelage in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prakash Steelage is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.54 and Prakash Steelage (PRAKASHSTL) 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 Steelage (PRAKASHSTL) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL) stock is negative.

Prakash Steelage Stock has given negative 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.