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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 2024-08-16 View latest technical analysis

10 day averaged volume of Praj Industries is 1093655

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	711.85	708.70	724.95	696.90	0.549 times
14 Wed Aug 2024	700.70	739.00	739.90	697.45	1.271 times
13 Tue Aug 2024	736.40	712.00	742.20	712.00	4.156 times
12 Mon Aug 2024	706.80	670.00	711.00	662.60	1.455 times
09 Fri Aug 2024	672.05	678.90	682.00	666.00	0.261 times
08 Thu Aug 2024	668.40	678.00	694.95	665.10	0.569 times
07 Wed Aug 2024	673.05	674.80	680.00	652.15	0.308 times
06 Tue Aug 2024	652.20	656.00	677.25	650.00	0.367 times
05 Mon Aug 2024	654.15	674.00	678.75	650.55	0.743 times
02 Fri Aug 2024	691.15	689.95	698.00	680.00	0.394 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 716 as stoploss in an intra day sell trade for a target of 695.2. However, stock will show a bullish move above 716.

Share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Target	483.35
Downside Target	557.00
Downside Target	650.00
Downside Target	680.00
Downside Target	694.95
Upside Target	724.80
Upside Target	731.80
Upside Target	738.95
Upside Target	742.00
Upside Target	742.20
Upside Target	757.95

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	668.9
Downside Intraday Target	625.95
Upside Intraday Target	748.5
Upside Intraday Target	785.15
Downside Intraday Target	705.55

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	711.85	670.00	742.20	662.60	3.305 times
09 Fri Aug 2024	672.05	674.00	694.95	650.00	0.713 times
02 Fri Aug 2024	691.15	709.35	731.80	680.00	1.123 times
26 Fri Jul 2024	699.85	685.80	724.80	658.00	0.809 times
19 Fri Jul 2024	688.90	734.55	738.95	682.30	0.653 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Praj Industries (PRAJIND)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	711.85	706.85	742.20	650.00	0.556 times
31 Wed Jul 2024	705.30	737.55	757.95	658.00	0.409 times
28 Fri Jun 2024	728.65	548.20	742.00	483.35	2.555 times
31 Fri May 2024	522.05	549.00	560.40	497.35	1.554 times

Scroll below to view daily charts

Price has moved up 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 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 Praj Industries ( (PRAJIND) ) based on a short to mid 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 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 Praj Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Praj Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Praj Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 707.93 and Praj Industries (PRAJIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.