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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 2024-12-13 View latest technical analysis

10 day averaged volume of Prajay Engineers is 91919

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	31.94	31.60	32.75	30.15	0.512 times
12 Thu Dec 2024	31.84	32.78	32.78	31.41	0.46 times
11 Wed Dec 2024	32.17	32.52	32.90	31.11	0.739 times
10 Tue Dec 2024	32.28	32.47	33.20	32.01	0.743 times
09 Mon Dec 2024	32.48	32.70	32.84	30.50	1.265 times
06 Fri Dec 2024	32.30	31.49	33.33	31.11	0.835 times
05 Thu Dec 2024	31.07	31.26	31.95	30.71	0.604 times
04 Wed Dec 2024	31.03	32.11	32.29	30.21	0.893 times
03 Tue Dec 2024	31.48	31.99	32.00	31.00	0.412 times
02 Mon Dec 2024	30.93	30.98	31.46	30.01	1.442 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31 as stoploss in an intra day buy trade for a target of 35.76. However, stock will show a bearish move below 31.

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
Downside Target	31.61
Upside Target	33.20
Upside Target	34.00
Upside Target	35.99
Upside Target	37.70
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	28.71
Upside Intraday Target	33.38
Upside Intraday Target	34.81
Downside Intraday Target	31.76

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	31.94	32.70	33.20	30.15	0.888 times
06 Fri Dec 2024	32.30	30.98	33.33	30.01	0.177 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

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
13 Fri Dec 2024	31.94	30.98	33.33	30.01	0.11 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Prajay Engineers ( (PRAENG) ) based on a short to mid 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 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 and the sell signal is strong.

Prajay Engineers 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 SELL signal for Prajay Engineers in short term and SELL signal is strong!

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

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 31.73 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 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.