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 2025-01-15 View latest technical analysis

10 day averaged volume of Prakash Steelage is 465651

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	8.00	8.11	8.12	7.92	0.479 times
14 Tue Jan 2025	7.94	7.80	8.10	7.52	1.067 times
13 Mon Jan 2025	7.30	8.05	8.05	7.26	1.042 times
10 Fri Jan 2025	7.70	7.76	8.35	7.65	0.995 times
09 Thu Jan 2025	7.75	7.80	8.23	7.70	1.01 times
08 Wed Jan 2025	7.92	8.02	8.15	7.82	1.135 times
07 Tue Jan 2025	8.08	8.13	8.23	8.02	0.717 times
06 Mon Jan 2025	8.08	8.33	8.48	8.00	0.952 times
03 Fri Jan 2025	8.31	8.28	8.50	8.20	0.882 times
02 Thu Jan 2025	8.29	8.36	8.64	8.25	0.858 times

My analysis of stock is bearish for shortterm, and stock might move down till 7.8 or till 7.4. Use a stoploss of 8.09 and if the stock hits stoploss, then it can shoot up till 8.38

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	7.26
Downside Target	7.65
Upside Target	8.32
Upside Target	8.64
Upside Target	8.71
Upside Target	9.09
Upside Target	9.19
Upside Target	9.25
Upside Target	9.36
Upside Target	9.62
Upside Target	10.18

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	7.47
Downside Intraday Target	6.93
Upside Intraday Target	8.33
Upside Intraday Target	8.65
Downside Intraday Target	7.79

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	8.00	8.05	8.12	7.26	0.538 times
10 Fri Jan 2025	7.70	8.33	8.48	7.65	0.941 times
03 Fri Jan 2025	8.31	8.08	8.64	7.91	0.906 times
27 Fri Dec 2024	8.08	8.46	9.09	8.01	0.93 times
20 Fri Dec 2024	8.40	8.96	9.19	8.32	0.669 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
15 Wed Jan 2025	8.00	8.00	8.64	7.26	0.261 times
31 Tue Dec 2024	8.01	8.39	10.18	7.91	2.279 times
29 Fri Nov 2024	8.40	9.08	9.25	7.79	0.656 times
31 Thu Oct 2024	8.82	9.60	9.62	7.66	3.039 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prakash Steelage 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Steelage in short term but BUY 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

Although the stock is in the BUY zone, but buying 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 7.91 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 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 negative.

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