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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 2024-03-15 View latest technical analysis

10 day averaged volume of Prakash Pipes is 87596

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	354.55	365.75	365.75	350.10	1.006 times
14 Thu Mar 2024	362.95	321.00	365.70	319.80	1.127 times
13 Wed Mar 2024	332.65	363.80	378.50	329.20	1.95 times
12 Tue Mar 2024	363.20	386.35	395.00	354.40	1.93 times
11 Mon Mar 2024	384.60	400.80	409.85	381.80	1.187 times
07 Thu Mar 2024	400.80	405.00	406.60	398.00	0.265 times
06 Wed Mar 2024	402.20	412.10	415.20	390.50	0.95 times
05 Tue Mar 2024	415.55	409.00	418.60	408.35	0.85 times
04 Mon Mar 2024	408.85	418.00	422.95	406.15	0.944 times
02 Sat Mar 2024	417.40	420.00	420.00	413.00	0.126 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 375.8, but if it comes above 375.8, then a intra day buy could be more profitable.
If you take a sell trade below 375.8, then use 375.8 as stoploss and 339.4 as target. However if you take a buy trade in stock , then use 375.8 as stoploss and 406.05 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	319.80
Downside Target	330.00
Upside Target	388.05
Upside Target	407.00
Upside Target	423.00
Upside Target	429.00
Upside Target	437.40
Upside Target	461.05
Upside Target	467.00
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	312.95
Downside Intraday Target	271.35
Upside Intraday Target	403
Upside Intraday Target	451.45
Upside Intraday Target	361.4

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	354.55	400.80	409.85	319.80	2.392 times
07 Thu Mar 2024	400.80	418.00	422.95	390.50	0.678 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

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

Monthly technical analysis of Prakash Pipes (PPL)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	354.55	417.80	423.00	319.80	0.357 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 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 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 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 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 coming down

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 but selling 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 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 372.71 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.