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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.

10 day averaged volume of Prakash Steelage is 322859

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	6.51	6.67	6.70	6.45	1.594 times
29 Thu May 2025	6.60	6.74	6.74	6.56	1.114 times
28 Wed May 2025	6.63	6.72	6.86	6.60	0.871 times
27 Tue May 2025	6.72	6.60	6.80	6.45	0.597 times
26 Mon May 2025	6.75	6.84	6.84	6.70	0.729 times
23 Fri May 2025	6.77	6.71	6.90	6.70	1.314 times
22 Thu May 2025	6.69	6.73	6.79	6.65	0.432 times
21 Wed May 2025	6.72	6.82	6.82	6.70	0.528 times
20 Tue May 2025	6.74	6.80	6.83	6.68	1.185 times
19 Mon May 2025	6.68	6.87	6.88	6.65	1.736 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 6.2. Use a stoploss of 6.62 and if the stock hits stoploss, then it can shoot up till 6.79

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Target	5.66
Downside Target	5.96
Downside Target	6.45
Upside Target	6.65
Upside Target	6.86
Upside Target	7.15
Upside Target	7.26
Upside Target	7.35
Upside Target	7.45
Upside Target	8.50
Upside Target	8.64

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type	Value
Downside Intraday Target	6.35
Downside Intraday Target	6.2
Upside Intraday Target	6.76
Upside Intraday Target	7.02
Upside Intraday Target	6.61

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	6.51	6.84	6.86	6.45	0.944 times
23 Fri May 2025	6.77	6.87	6.90	6.65	0.922 times
16 Fri May 2025	6.75	6.56	6.99	6.02	1.512 times
09 Fri May 2025	6.42	6.66	7.45	5.96	0.958 times
02 Fri May 2025	6.61	6.70	6.94	6.49	0.663 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
30 Fri May 2025	6.51	6.63	7.45	5.96	1.077 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 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 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 gaining momentum.

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

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 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 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 6.67 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.