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 2024-11-04 View latest technical analysis

10 day averaged volume of Prakash Steelage is 425823

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	8.64	9.18	9.25	8.38	1.441 times
01 Fri Nov 2024	9.04	9.08	9.25	8.91	0.82 times
31 Thu Oct 2024	8.82	8.42	8.98	8.42	1.458 times
30 Wed Oct 2024	8.49	8.47	8.74	8.30	0.647 times
29 Tue Oct 2024	8.29	8.78	8.78	8.18	0.749 times
28 Mon Oct 2024	8.06	8.04	8.32	7.66	0.736 times
25 Fri Oct 2024	8.03	8.22	8.38	7.68	1.304 times
24 Thu Oct 2024	8.21	8.38	8.38	8.11	0.864 times
23 Wed Oct 2024	8.25	8.63	8.63	8.06	0.95 times
22 Tue Oct 2024	8.07	8.88	9.10	7.91	1.606 times

My analysis of stock is bullish for shortterm, and stock might move up till 9 or till 9.4. Use a stoploss of 8.63 and if this stock hits its stoploss, then it can fall down till 8.28

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	6.85
Downside Target	7.66
Downside Target	8.12
Downside Target	8.38
Downside Target	8.56
Upside Target	9.10
Upside Target	9.25
Upside Target	9.36
Upside Target	9.46
Upside Target	9.62
Upside Target	9.65
Upside Target	10.35
Upside Target	12.80

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	8.26
Downside Intraday Target	7.89
Upside Intraday Target	9.13
Upside Intraday Target	9.63
Upside Intraday Target	8.76

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	8.64	9.18	9.25	8.38	0.327 times
01 Fri Nov 2024	9.04	8.04	9.25	7.66	0.789 times
25 Fri Oct 2024	8.03	8.88	9.19	7.68	1.439 times
18 Fri Oct 2024	8.82	9.02	9.10	8.56	0.553 times
11 Fri Oct 2024	9.02	8.83	9.46	8.12	0.602 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 Steelage (PRAKASHSTL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	8.64	9.08	9.25	8.38	0.077 times
31 Thu Oct 2024	8.82	9.60	9.62	7.66	3.039 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

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 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 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 losing momentum.

MACD generated a BUY signal for Prakash Steelage in short term and the buy signal is strong.

Prakash Steelage 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 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 Steelage 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 Steelage is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.39 and Prakash Steelage (PRAKASHSTL) 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 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 negative.

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