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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 2024-12-04 View latest technical analysis

10 day averaged volume of Prajay Engineers is 297406

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	31.03	32.11	32.29	30.21	0.276 times
03 Tue Dec 2024	31.48	31.99	32.00	31.00	0.127 times
02 Mon Dec 2024	30.93	30.98	31.46	30.01	0.446 times
29 Thu Aug 2024	42.08	43.34	43.72	41.30	0.806 times
28 Wed Aug 2024	43.48	45.70	46.20	43.10	1.3 times
27 Tue Aug 2024	44.56	41.15	44.56	40.68	1.772 times
26 Mon Aug 2024	42.44	44.19	44.19	42.00	3.431 times
23 Fri Aug 2024	42.09	42.09	42.09	42.09	0.256 times
22 Thu Aug 2024	40.09	39.40	40.09	39.00	0.806 times
21 Wed Aug 2024	38.19	37.40	38.19	36.57	0.605 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.8, but if it comes above 32.8, then a intra day buy could be more profitable.
If you take a sell trade below 32.8, then use 32.8 as stoploss and 27.7 as target. However if you take a buy trade in stock , then use 32.8 as stoploss and 37.08 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	32.29
Upside Target	34.00
Upside Target	35.23
Upside Target	35.99
Upside Target	37.70
Upside Target	40.01
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	29.93
Downside Intraday Target	28.83
Upside Intraday Target	32.21
Upside Intraday Target	33.39
Upside Intraday Target	31.11

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	31.03	30.98	32.29	30.01	0.116 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
04 Wed Dec 2024	31.03	30.98	32.29	30.01	0.038 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 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 gaining 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prajay Engineers in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 41.48 and Prajay Engineers (PRAENG) 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 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.