Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PRAKASHSTL_BE) Prakash Steelage complete technical analysis [charts+indicators] | Buy/Sell Prakash Steelage | (PRAKASHSTL_BE) share price targets

Complete technical analysis of Prakash Steelage (PRAKASHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Prakash Steelage (PRAKASHSTL_BE)

Showing technical analysis as on 2024-06-28 View latest technical analysis

10 day averaged volume of Prakash Steelage is 271359

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	9.26	9.08	9.26	9.00	1.366 times
27 Thu Jun 2024	9.08	9.12	9.12	9.08	0.902 times
26 Wed Jun 2024	8.95	9.10	9.10	8.95	0.797 times
25 Tue Jun 2024	9.14	9.14	9.14	9.14	1.081 times
24 Mon Jun 2024	8.97	8.80	8.97	8.80	0.825 times
21 Fri Jun 2024	8.80	8.85	8.85	8.80	0.814 times
20 Thu Jun 2024	8.85	8.98	8.98	8.85	0.411 times
19 Wed Jun 2024	8.99	9.17	9.17	8.99	0.84 times
18 Tue Jun 2024	9.00	9.12	9.12	9.00	1.115 times
14 Fri Jun 2024	9.11	8.94	9.11	8.94	1.291 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.1, but if it comes below 9.1, then a intra day sell could be more profitable.
If you take a sell trade below 9.1, then use 9.1 as stoploss and 8.78 as target. However if you take a buy trade in stock , then use 9.1 as stoploss and 9.5 as target.

Share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Target	7.25
Downside Target	7.50
Downside Target	8.05
Downside Target	8.45
Downside Target	8.70
Downside Target	9.11
Downside Target	9.17
Downside Target	9.26
Upside Target	9.35
Upside Target	9.65
Upside Target	10.10
Upside Target	11.40

Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)

Target Type	Value
Downside Intraday Target	8.95
Downside Intraday Target	8.65
Upside Intraday Target	9.41
Upside Intraday Target	9.57
Downside Intraday Target	9.11

Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	9.26	8.80	9.26	8.80	1.564 times
21 Fri Jun 2024	8.80	9.12	9.17	8.80	0.599 times
14 Fri Jun 2024	9.11	8.46	9.11	8.46	1.268 times
07 Fri Jun 2024	8.30	8.75	8.75	8.05	1.951 times
31 Fri May 2024	8.75	9.35	9.35	8.75	0.502 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prakash Steelage (PRAKASHSTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	9.26	8.75	9.26	8.05	0.876 times
31 Fri May 2024	8.75	7.90	10.10	7.30	1.095 times
30 Tue Apr 2024	7.90	7.50	9.65	7.50	0.353 times
28 Thu Mar 2024	7.65	8.05	8.70	7.25	1.236 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Prakash Steelage ( (PRAKASHSTL_BE) ) 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_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Prakash Steelage ( (PRAKASHSTL_BE) ) based on a short to mid 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_BE) ) 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 9.04 and Prakash Steelage (PRAKASHSTL_BE) 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_BE) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL_BE) stock is negative.

Prakash Steelage Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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