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 2025-05-06 View latest technical analysis

10 day averaged volume of Prakash Steelage is 332991

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue May 2025	6.35	6.77	6.77	6.27	0.654 times
05 Mon May 2025	6.62	6.66	6.75	6.58	0.536 times
02 Fri May 2025	6.61	6.63	6.78	6.56	0.668 times
30 Wed Apr 2025	6.63	6.86	6.86	6.49	1.846 times
29 Tue Apr 2025	6.79	6.87	6.94	6.75	0.681 times
28 Mon Apr 2025	6.78	6.70	6.90	6.67	0.578 times
25 Fri Apr 2025	6.84	7.10	7.11	6.54	1.48 times
24 Thu Apr 2025	7.07	7.00	7.14	6.92	1.049 times
23 Wed Apr 2025	6.97	7.15	7.15	6.91	0.993 times
22 Tue Apr 2025	7.03	7.00	7.10	6.88	0.748 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.3, for a target of 6.5 or 6.72

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	5.66
Downside Target	6.27
Upside Target	6.49
Upside Target	6.94
Upside Target	7.15
Upside Target	7.26
Upside Target	7.35
Upside Target	8.50
Upside Target	8.64

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	6.16
Downside Intraday Target	5.96
Upside Intraday Target	6.66
Upside Intraday Target	6.96
Upside Intraday Target	6.46

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue May 2025	6.35	6.66	6.77	6.27	0.315 times
02 Fri May 2025	6.61	6.70	6.94	6.49	0.663 times
25 Fri Apr 2025	6.84	6.94	7.15	6.54	2.23 times
17 Thu Apr 2025	6.82	6.76	6.94	6.64	0.606 times
11 Fri Apr 2025	6.70	6.41	6.81	5.73	1.628 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
06 Tue May 2025	6.35	6.63	6.78	6.27	0.102 times
30 Wed Apr 2025	6.63	6.61	7.15	5.73	0.911 times
28 Fri Mar 2025	6.48	6.73	7.35	5.66	1.085 times
28 Fri Feb 2025	6.72	7.90	8.50	6.50	0.741 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 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 neutral. A longer time frame might give a better analysis.

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 Strong and stock is gaining momentum.

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

Prakash Steelage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 6.78 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 negative.

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