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(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 2025-02-21 View latest technical analysis

10 day averaged volume of Prakash Steelage is 306611

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	7.19	7.19	7.37	7.11	2.698 times
20 Thu Feb 2025	7.12	7.00	7.25	7.00	0.471 times
19 Wed Feb 2025	6.98	6.87	7.18	6.87	0.805 times
18 Tue Feb 2025	7.02	7.15	7.20	6.98	0.651 times
17 Mon Feb 2025	7.16	7.02	7.72	7.00	0.74 times
14 Fri Feb 2025	7.23	7.58	8.50	7.10	1.414 times
13 Thu Feb 2025	7.24	7.80	7.80	7.20	0.884 times
12 Wed Feb 2025	7.28	6.57	7.64	6.50	1.488 times
11 Tue Feb 2025	6.85	7.00	7.08	6.80	1.295 times
10 Mon Feb 2025	7.01	7.44	7.61	6.51	1.423 times

Stock of Prakash Steelage (PRAKASHSTL) has showed a significant upmove. This could be a good time to enter in this stock!

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 7.1 as stoploss in an intra day buy trade for a target of 7.35. However, stock will show a bearish move below 7.1.

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	6.50
Downside Target	6.87
Downside Target	7.02
Upside Target	7.26
Upside Target	7.51
Upside Target	7.66
Upside Target	8.20
Upside Target	8.50
Upside Target	8.64
Upside Target	9.25
Upside Target	9.62
Upside Target	10.18

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	6.8
Downside Intraday Target	6.41
Upside Intraday Target	7.65
Upside Intraday Target	8.11
Upside Intraday Target	7.26

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	7.19	7.02	7.72	6.87	0.825 times
14 Fri Feb 2025	7.23	7.44	8.50	6.50	1.908 times
07 Fri Feb 2025	7.47	7.90	7.90	7.02	0.675 times
31 Fri Jan 2025	7.66	7.81	8.20	7.35	1.164 times
24 Fri Jan 2025	7.82	7.95	8.21	7.51	0.787 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
21 Fri Feb 2025	7.19	7.90	8.50	6.50	0.568 times
31 Fri Jan 2025	7.66	8.00	8.64	7.26	0.44 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

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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Steelage in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 7.12 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.