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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 2024-04-15 View latest technical analysis

10 day averaged volume of Praj Industries is 579205

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	503.40	507.00	510.00	491.25	0.68 times
12 Fri Apr 2024	512.05	523.15	523.15	510.40	0.677 times
10 Wed Apr 2024	519.95	526.05	531.90	517.45	1.822 times
09 Tue Apr 2024	524.35	529.80	530.60	521.00	0.992 times
08 Mon Apr 2024	526.55	541.00	545.15	525.00	0.745 times
05 Fri Apr 2024	537.15	544.30	548.00	535.05	0.749 times
04 Thu Apr 2024	547.55	549.75	553.75	537.00	0.838 times
03 Wed Apr 2024	547.15	540.00	550.00	538.20	1.323 times
02 Tue Apr 2024	539.05	534.50	543.70	530.55	0.944 times
01 Mon Apr 2024	532.85	532.95	535.80	530.05	0.778 times

My analysis of stock is bearish for shortterm, and stock might move down till 488.2 or till 454.4. Use a stoploss of 516.44 and if the stock hits stoploss, then it can shoot up till 544.66

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	448.00
Downside Target	463.00
Downside Target	491.25
Upside Target	510.00
Upside Target	537.75
Upside Target	545.15
Upside Target	545.60
Upside Target	553.75
Upside Target	562.90
Upside Target	649.15

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	493.1
Downside Intraday Target	482.8
Upside Intraday Target	511.85
Upside Intraday Target	520.3
Downside Intraday Target	501.55

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	503.40	507.00	510.00	491.25	0.161 times
12 Fri Apr 2024	512.05	541.00	545.15	510.40	0.914 times
05 Fri Apr 2024	537.15	532.95	553.75	530.05	0.871 times
28 Thu Mar 2024	532.95	529.00	545.60	520.05	0.24 times
22 Fri Mar 2024	531.95	465.75	537.75	463.00	2.909 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
15 Mon Apr 2024	503.40	532.95	553.75	491.25	0.24 times
28 Thu Mar 2024	532.95	502.00	545.60	448.00	1.063 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

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 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 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 neutral. A longer time frame might give a better analysis.

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

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

Praj Industries 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 green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Praj Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 529.66 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.