Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-03 View latest technical analysis

10 day averaged volume of Prajay Engineers is 311013

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	31.48	31.99	32.00	31.00	0.122 times
02 Mon Dec 2024	30.93	30.98	31.46	30.01	0.426 times
29 Thu Aug 2024	42.08	43.34	43.72	41.30	0.77 times
28 Wed Aug 2024	43.48	45.70	46.20	43.10	1.243 times
27 Tue Aug 2024	44.56	41.15	44.56	40.68	1.694 times
26 Mon Aug 2024	42.44	44.19	44.19	42.00	3.281 times
23 Fri Aug 2024	42.09	42.09	42.09	42.09	0.245 times
22 Thu Aug 2024	40.09	39.40	40.09	39.00	0.77 times
21 Wed Aug 2024	38.19	37.40	38.19	36.57	0.579 times
20 Tue Aug 2024	36.38	36.37	36.61	35.01	0.432 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.4, but if it comes above 33.4, then a intra day buy could be more profitable.
If you take a sell trade below 33.4, then use 33.4 as stoploss and 28.6 as target. However if you take a buy trade in stock , then use 33.4 as stoploss and 37.43 as target.

Share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Target	13.00
Downside Target	20.95
Downside Target	29.10
Downside Target	29.69
Upside Target	31.61
Upside Target	34.00
Upside Target	35.23
Upside Target	35.99
Upside Target	37.70
Upside Target	40.01
Upside Target	40.68
Upside Target	42.09
Upside Target	43.91
Upside Target	46.20

Intraday share price targets for Prajay Engineers (PRAENG)

Target Type	Value
Downside Intraday Target	30.33
Downside Intraday Target	29.17
Upside Intraday Target	32.32
Upside Intraday Target	33.15
Downside Intraday Target	31.16

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	31.48	30.98	32.00	30.01	0.078 times
29 Thu Aug 2024	42.08	44.19	46.20	40.68	2.703 times
23 Fri Aug 2024	42.09	34.10	42.09	34.00	0.976 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

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 Prajay Engineers (PRAENG)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	31.48	30.98	32.00	30.01	0.026 times
29 Thu Aug 2024	42.08	40.48	46.20	31.61	0.941 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

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 Prajay Engineers (PRAENG)

Price action analysis of Prajay Engineers ( (PRAENG) ) 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 Prajay Engineers ( (PRAENG) ) based on a short 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

Price action analysis of Prajay Engineers ( (PRAENG) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Prajay Engineers 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prajay Engineers 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.54 and Prajay Engineers (PRAENG) stock is trading below this level. This means that stock is falling with high volumes. 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 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.