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(PRAENG) Prajay Engineers complete technical analysis [charts+indicators] | Buy/Sell Prajay Engineers | (PRAENG) share price targets

Complete technical analysis of Prajay Engineers (PRAENG) by charts plus indicators, forecast predictions and share price targets for Prajay Engineers (PRAENG)

Prajay Engineers trades in NSE in Realty sector.

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Prajay Engineers is 244060

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	40.09	39.40	40.09	39.00	0.982 times
21 Wed Aug 2024	38.19	37.40	38.19	36.57	0.738 times
20 Tue Aug 2024	36.38	36.37	36.61	35.01	0.551 times
19 Mon Aug 2024	34.89	34.10	35.18	34.00	0.713 times
16 Fri Aug 2024	33.51	32.00	34.10	32.00	1.242 times
14 Wed Aug 2024	32.48	33.50	33.83	31.61	0.779 times
13 Tue Aug 2024	33.25	34.20	35.87	33.12	1.002 times
12 Mon Aug 2024	34.87	35.23	35.99	34.50	0.353 times
09 Fri Aug 2024	35.23	38.48	38.48	35.23	1.282 times
08 Thu Aug 2024	37.09	37.70	38.75	37.09	2.255 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 40.2 as stoploss in an intra day sell trade for a target of 37.55. However, stock will show a bullish move above 40.2.

Share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Target	13.00
Downside Target	16.00
Downside Target	20.95
Downside Target	29.10
Downside Target	29.69
Downside Target	31.25
Downside Target	34.00
Downside Target	35.23
Downside Target	35.99
Downside Target	37.01
Downside Target	40.01
Upside Target	40.48
Upside Target	41.82
Upside Target	43.91

Intraday share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Intraday Target	36.03
Downside Intraday Target	31.97
Upside Intraday Target	42.12
Upside Intraday Target	44.15
Downside Intraday Target	38.06

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	40.09	34.10	40.09	34.00	0.883 times
16 Fri Aug 2024	33.51	35.23	35.99	31.61	0.386 times
09 Fri Aug 2024	35.23	35.78	40.01	35.23	0.78 times
02 Fri Aug 2024	37.67	43.91	43.91	37.01	2.292 times
26 Fri Jul 2024	41.82	33.70	41.82	31.25	2.301 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 Prajay Engineers (PRAENG)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	40.09	40.48	40.48	31.61	0.62 times
31 Wed Jul 2024	39.78	30.55	43.91	29.10	2.004 times
28 Fri Jun 2024	30.55	29.70	37.70	29.69	0.294 times
20 Fri Oct 2023	20.95	13.40	20.95	13.00	3.755 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 Prajay Engineers (PRAENG)

Price action analysis of Prajay Engineers ( (PRAENG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

Price action analysis of Prajay Engineers ( (PRAENG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Prajay Engineers stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Prajay Engineers in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prajay Engineers Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prajay Engineers in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prajay Engineers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.75 and Prajay Engineers (PRAENG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Prajay Engineers (PRAENG) stock. Volume based technical analysis of Prajay Engineers (PRAENG) stock is negative.

Prajay Engineers Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.