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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 2024-12-16 View latest technical analysis

10 day averaged volume of Prajay Engineers is 72665

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	31.47	32.69	32.69	30.93	1.912 times
13 Fri Dec 2024	31.94	31.60	32.75	30.15	0.647 times
12 Thu Dec 2024	31.84	32.78	32.78	31.41	0.581 times
11 Wed Dec 2024	32.17	32.52	32.90	31.11	0.934 times
10 Tue Dec 2024	32.28	32.47	33.20	32.01	0.94 times
09 Mon Dec 2024	32.48	32.70	32.84	30.50	1.6 times
06 Fri Dec 2024	32.30	31.49	33.33	31.11	1.056 times
05 Thu Dec 2024	31.07	31.26	31.95	30.71	0.764 times
04 Wed Dec 2024	31.03	32.11	32.29	30.21	1.129 times
03 Tue Dec 2024	31.48	31.99	32.00	31.00	0.522 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 30.8 as stoploss in an intra day buy trade for a target of 35.66. However, stock will show a bearish move below 30.8.

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	30.93
Upside Target	31.61
Upside Target	32.69
Upside Target	34.00
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	30.7
Downside Intraday Target	29.94
Upside Intraday Target	32.46
Upside Intraday Target	33.46
Upside Intraday Target	31.7

Weekly technical analysis of Prajay Engineers (PRAENG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	31.47	32.69	32.69	30.93	0.406 times
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

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
16 Mon Dec 2024	31.47	30.98	33.33	30.01	0.131 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 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 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 short to mid 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 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 and the sell signal is strong.

Prajay Engineers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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 but selling 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 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 31.83 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 is giving positive 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.