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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 2024-08-23 View latest technical analysis

10 day averaged volume of Praj Industries is 2502321

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	758.05	781.00	782.05	755.60	0.335 times
22 Thu Aug 2024	779.15	790.90	791.90	773.00	0.349 times
21 Wed Aug 2024	786.45	777.00	793.75	771.95	0.563 times
20 Tue Aug 2024	776.45	760.00	812.95	759.90	4.322 times
19 Mon Aug 2024	752.25	714.70	757.05	712.60	1.155 times
16 Fri Aug 2024	711.85	708.70	724.95	696.90	0.24 times
14 Wed Aug 2024	700.70	739.00	739.90	697.45	0.556 times
13 Tue Aug 2024	736.40	712.00	742.20	712.00	1.816 times
12 Mon Aug 2024	706.80	670.00	711.00	662.60	0.636 times
09 Fri Aug 2024	672.05	678.90	682.00	666.00	0.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 751.4, but if it comes below 751.4, then a intra day sell could be more profitable.
If you take a sell trade below 751.4, then use 751.4 as stoploss and 711.73 as target. However if you take a buy trade in stock , then use 751.4 as stoploss and 799.1 as target.

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
Downside Target	712.60
Downside Target	724.80
Downside Target	731.80
Downside Target	742.00
Downside Target	742.20
Downside Target	757.95
Upside Target	812.95

Intraday share price targets for Praj Industries (PRAJIND)

Target Type	Value
Downside Intraday Target	709.45
Downside Intraday Target	660.85
Upside Intraday Target	809.8
Upside Intraday Target	861.55
Upside Intraday Target	761.2

Weekly technical analysis of Praj Industries (PRAJIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	758.05	714.70	812.95	712.60	2.07 times
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

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
23 Fri Aug 2024	758.05	706.85	812.95	650.00	1.367 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 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 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 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 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 Strong 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 coming down

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

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 755.22 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.