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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 2024-03-05 View latest technical analysis

10 day averaged volume of Prakash Pipes is 80358

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	415.55	409.00	418.60	408.35	0.927 times
04 Mon Mar 2024	408.85	418.00	422.95	406.15	1.029 times
02 Sat Mar 2024	417.40	420.00	420.00	413.00	0.137 times
01 Fri Mar 2024	413.85	417.80	423.00	410.65	0.732 times
29 Thu Feb 2024	410.65	416.00	423.50	407.00	1.018 times
28 Wed Feb 2024	416.95	426.05	431.50	410.00	1.183 times
27 Tue Feb 2024	425.75	430.00	435.00	424.40	0.859 times
26 Mon Feb 2024	429.65	434.00	437.40	424.20	0.907 times
23 Fri Feb 2024	433.95	442.70	444.00	425.35	1.541 times
22 Thu Feb 2024	439.30	430.10	441.05	415.00	1.581 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 416.2, but if it comes above 416.2, then a intra day buy could be more profitable.
If you take a sell trade below 416.2, then use 416.2 as stoploss and 400.8 as target. However if you take a buy trade in stock , then use 416.2 as stoploss and 429.06 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	330.00
Downside Target	388.05
Upside Target	423.00
Upside Target	429.00
Upside Target	437.40
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	406.82
Downside Intraday Target	398.08
Upside Intraday Target	423.62
Upside Intraday Target	431.68
Downside Intraday Target	414.88

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	415.55	418.00	422.95	406.15	0.404 times
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

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
05 Tue Mar 2024	415.55	417.80	423.00	406.15	0.084 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 neutral. A longer time frame might give a better analysis.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 423.24 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.