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

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

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Prakash Pipes is 88120

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	417.40	420.00	420.00	413.00	0.125 times
01 Fri Mar 2024	413.85	417.80	423.00	410.65	0.667 times
29 Thu Feb 2024	410.65	416.00	423.50	407.00	0.928 times
28 Wed Feb 2024	416.95	426.05	431.50	410.00	1.079 times
27 Tue Feb 2024	425.75	430.00	435.00	424.40	0.783 times
26 Mon Feb 2024	429.65	434.00	437.40	424.20	0.827 times
23 Fri Feb 2024	433.95	442.70	444.00	425.35	1.405 times
22 Thu Feb 2024	439.30	430.10	441.05	415.00	1.442 times
21 Wed Feb 2024	426.30	438.00	442.95	423.30	0.925 times
20 Tue Feb 2024	439.10	447.00	447.20	436.50	0.846 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 419.8, but if it comes above 419.8, then a intra day buy could be more profitable.
If you take a sell trade below 419.8, then use 419.8 as stoploss and 403.8 as target. However if you take a buy trade in stock , then use 419.8 as stoploss and 433.19 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	330.00
Downside Target	388.05
Upside Target	437.40
Upside Target	438.10
Upside Target	461.05
Upside Target	467.00
Upside Target	470.75
Upside Target	474.40
Upside Target	487.55
Upside Target	493.00

Intraday share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Intraday Target	403.8
Downside Intraday Target	390.2
Upside Intraday Target	434.2
Upside Intraday Target	451
Upside Intraday Target	420.6

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	417.40	434.00	437.40	407.00	0.771 times
23 Fri Feb 2024	433.95	465.00	467.00	415.00	0.671 times
16 Fri Feb 2024	455.35	433.00	461.05	397.35	1.29 times
09 Fri Feb 2024	435.00	470.00	470.75	402.00	0.593 times
02 Fri Feb 2024	466.10	470.00	487.55	438.10	1.998 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 Pipes (PPL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	417.40	417.80	423.00	410.65	0.026 times
29 Thu Feb 2024	410.65	445.35	487.55	397.35	0.547 times
31 Wed Jan 2024	443.25	410.00	493.00	388.05	1.348 times
29 Fri Dec 2023	397.15	408.50	474.40	390.00	0.795 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 Pipes (PPL)

Price action analysis of Prakash Pipes ( (PPL) ) 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 Pipes ( (PPL) ) 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 Pipes ( (PPL) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Prakash Pipes stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Prakash Pipes 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 Pipes in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prakash Pipes is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 427.25 and Prakash Pipes (PPL) 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 Pipes (PPL) stock. Volume based technical analysis of Prakash Pipes (PPL) stock is negative.

Prakash Pipes 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.