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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 2024-10-29 View latest technical analysis

10 day averaged volume of Prakash Pipes is 179291

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	523.20	519.90	533.00	514.55	0.315 times
28 Mon Oct 2024	517.95	518.80	525.30	492.30	0.797 times
25 Fri Oct 2024	518.80	529.20	534.25	501.70	0.547 times
24 Thu Oct 2024	526.95	546.00	554.40	522.00	0.52 times
23 Wed Oct 2024	542.45	521.75	549.80	511.05	0.676 times
22 Tue Oct 2024	521.80	554.90	568.00	516.65	0.849 times
21 Mon Oct 2024	553.45	571.05	573.95	551.10	0.473 times
18 Fri Oct 2024	570.75	581.95	586.40	560.00	0.626 times
17 Thu Oct 2024	578.50	599.80	610.00	573.00	2.173 times
16 Wed Oct 2024	590.80	549.00	597.00	547.95	2.914 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 530.6, but if it comes above 530.6, then a intra day buy could be more profitable.
If you take a sell trade below 530.6, then use 530.6 as stoploss and 500.3 as target. However if you take a buy trade in stock , then use 530.6 as stoploss and 555.86 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	355.50
Downside Target	452.90
Downside Target	462.35
Downside Target	483.00
Upside Target	526.65
Upside Target	562.00
Upside Target	573.95
Upside Target	596.80
Upside Target	600.00
Upside Target	610.00
Upside Target	646.00
Upside Target	667.95

Intraday share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Intraday Target	499.33
Downside Intraday Target	475.47
Upside Intraday Target	540.03
Upside Intraday Target	556.87
Downside Intraday Target	516.17

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	523.20	518.80	533.00	492.30	0.363 times
25 Fri Oct 2024	518.80	571.05	573.95	501.70	0.458 times
18 Fri Oct 2024	570.75	565.85	610.00	537.35	2.088 times
11 Fri Oct 2024	557.50	595.00	600.00	526.65	1.511 times
04 Fri Oct 2024	584.65	573.55	596.80	562.00	0.848 times

Price has moved up 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
29 Tue Oct 2024	523.20	594.90	610.00	492.30	0.933 times
30 Mon Sep 2024	581.55	630.00	667.95	562.00	0.416 times
30 Fri Aug 2024	622.80	520.45	646.00	462.35	1.5 times
31 Wed Jul 2024	513.05	453.60	539.70	452.90	1.466 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 560.45 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.