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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 2024-11-12 View latest technical analysis

10 day averaged volume of Prakash Pipes is 78765

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	505.40	526.40	533.85	499.60	1.175 times
11 Mon Nov 2024	526.40	543.00	543.10	523.55	0.962 times
08 Fri Nov 2024	540.30	549.45	554.35	534.70	0.934 times
07 Thu Nov 2024	540.80	569.00	569.00	537.55	1.591 times
06 Wed Nov 2024	539.30	540.65	547.30	530.00	1.244 times
05 Tue Nov 2024	539.95	547.95	553.75	537.65	1.069 times
04 Mon Nov 2024	544.70	568.90	575.00	542.85	1.108 times
01 Fri Nov 2024	568.90	564.00	576.00	555.00	0.735 times
31 Thu Oct 2024	548.75	545.00	552.00	535.25	0.625 times
30 Wed Oct 2024	536.15	525.80	543.95	521.35	1.014 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 520.3, but if it comes above 520.3, then a intra day buy could be more profitable.
If you take a sell trade below 520.3, then use 520.3 as stoploss and 494.6 as target. However if you take a buy trade in stock , then use 520.3 as stoploss and 541.77 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	452.90
Downside Target	462.35
Downside Target	492.30
Upside Target	530.00
Upside Target	562.00
Upside Target	573.95
Upside Target	575.00
Upside Target	576.00
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	488.97
Downside Intraday Target	472.53
Upside Intraday Target	532.47
Upside Intraday Target	559.53
Upside Intraday Target	516.03

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	505.40	543.00	543.10	499.60	0.359 times
08 Fri Nov 2024	540.30	568.90	575.00	530.00	1.212 times
01 Fri Nov 2024	568.90	518.80	576.00	492.30	0.703 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

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
12 Tue Nov 2024	505.40	564.00	576.00	499.60	0.237 times
31 Thu Oct 2024	548.75	594.90	610.00	492.30	0.976 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

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 neutral. A longer time frame might give a better analysis.

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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prakash Pipes in short term and SELL signal is strong!

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 537.6 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.