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(PRAJIND) Praj Industries complete technical analysis [charts+indicators] | Buy/Sell Praj Industries | (PRAJIND) share price targets

Complete technical analysis of Praj Industries (PRAJIND) by charts plus indicators, forecast predictions and share price targets for Praj Industries (PRAJIND)

Praj Industries trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Praj Industries is 631264

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	498.50	504.05	506.80	496.00	0.8 times
06 Wed Mar 2024	503.75	516.00	516.00	496.25	0.678 times
05 Tue Mar 2024	512.90	507.95	515.00	505.00	0.724 times
04 Mon Mar 2024	507.10	502.60	512.65	501.75	0.732 times
02 Sat Mar 2024	502.60	505.00	509.75	501.85	0.125 times
01 Fri Mar 2024	504.20	502.00	512.90	501.00	1.241 times
29 Thu Feb 2024	499.95	502.00	503.25	486.25	1.735 times
28 Wed Feb 2024	503.70	518.70	519.50	500.00	0.74 times
27 Tue Feb 2024	516.05	513.50	532.90	512.00	2.093 times
26 Mon Feb 2024	513.60	513.70	520.00	509.90	0.926 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 494.3 as stoploss in an intra day buy trade for a target of 503.66. However, stock will show a bearish move below 494.3.

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	470.95
Downside Target	486.25
Downside Target	496.00
Upside Target	510.00
Upside Target	519.90
Upside Target	522.60
Upside Target	522.85
Upside Target	532.90
Upside Target	562.90
Upside Target	649.15
Upside Target	650.50

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	491
Downside Intraday Target	483.5
Upside Intraday Target	511
Upside Intraday Target	523.5
Upside Intraday Target	503.5

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	498.50	502.60	516.00	496.00	0.428 times
02 Sat Mar 2024	502.60	513.70	532.90	486.25	1.317 times
23 Fri Feb 2024	513.65	506.45	519.90	497.10	0.9 times
16 Fri Feb 2024	499.70	503.50	510.00	472.00	0.506 times
09 Fri Feb 2024	499.55	481.95	516.85	470.95	1.036 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 Praj Industries (PRAJIND)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	498.50	502.00	516.00	496.00	0.125 times
29 Thu Feb 2024	499.95	504.00	532.90	470.95	1.517 times
31 Wed Jan 2024	498.10	560.00	562.90	496.65	0.328 times
29 Fri Dec 2023	556.00	644.55	649.15	522.60	1.987 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 Praj Industries (PRAJIND)

Price action analysis of Praj Industries ( (PRAJIND) ) 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 Praj Industries ( (PRAJIND) ) 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 Praj Industries ( (PRAJIND) ) based on a mid to longer 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.

ADX buy sell signal for Praj Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Praj Industries in short term but the buy signal is initial and weak.

Praj Industries 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 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 Praj Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Praj Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 507.17 and Praj Industries (PRAJIND) 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 Praj Industries (PRAJIND) stock. Volume based technical analysis of Praj Industries (PRAJIND) stock is negative.

Praj Industries 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.