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

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

Prakash Industries trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Prakash Industries is 627480

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	174.80	174.00	175.25	169.35	0.927 times
10 Wed Apr 2024	174.35	173.75	176.30	172.75	0.645 times
09 Tue Apr 2024	173.65	177.75	179.50	171.35	0.612 times
08 Mon Apr 2024	177.50	178.90	181.50	174.00	0.716 times
05 Fri Apr 2024	177.25	182.90	182.90	176.50	0.728 times
04 Thu Apr 2024	181.95	180.80	184.00	178.00	0.855 times
03 Wed Apr 2024	178.80	178.85	182.00	177.60	1.066 times
02 Tue Apr 2024	178.95	173.90	181.20	170.45	1.263 times
01 Mon Apr 2024	171.60	166.50	173.20	166.45	0.989 times
28 Thu Mar 2024	166.25	164.00	173.95	163.85	1.496 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 177.6 as stoploss in an intra day sell trade for a target of 162.35. However, stock will show a bullish move above 177.6.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	128.15
Downside Target	135.70
Downside Target	140.40
Downside Target	158.65
Downside Target	164.40
Downside Target	173.95
Upside Target	181.05
Upside Target	183.50
Upside Target	184.00
Upside Target	203.00
Upside Target	219.80
Upside Target	223.60

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	168.93
Downside Intraday Target	163.07
Upside Intraday Target	181.08
Upside Intraday Target	187.37
Upside Intraday Target	175.22

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	174.80	178.90	181.50	169.35	0.592 times
05 Fri Apr 2024	177.25	166.50	184.00	166.45	1.196 times
28 Thu Mar 2024	166.25	165.00	173.95	158.65	0.572 times
22 Fri Mar 2024	165.45	150.05	170.30	140.40	0.614 times
15 Fri Mar 2024	149.45	163.80	166.00	128.15	3.416 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 Prakash Industries (PRAKASH)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	174.80	166.50	184.00	166.45	0.286 times
28 Thu Mar 2024	166.25	174.00	183.50	128.15	1.111 times
29 Thu Feb 2024	172.60	211.00	223.60	164.40	2.944 times
31 Wed Jan 2024	209.25	186.05	219.80	181.05	0.122 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 Prakash Industries (PRAKASH)

Price action analysis of Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) 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 Prakash Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Prakash 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.

Prakash 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Prakash Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prakash 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 175.06 and Prakash Industries (PRAKASH) 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 Prakash Industries (PRAKASH) stock. Volume based technical analysis of Prakash Industries (PRAKASH) stock is negative.

Prakash 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.