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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 2024-04-16 View latest technical analysis

10 day averaged volume of Prakash Industries is 556365

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	168.20	165.00	172.70	165.00	0.549 times
15 Mon Apr 2024	167.80	162.55	171.55	162.55	1.201 times
12 Fri Apr 2024	174.80	174.00	175.25	169.35	1.045 times
10 Wed Apr 2024	174.35	173.75	176.30	172.75	0.727 times
09 Tue Apr 2024	173.65	177.75	179.50	171.35	0.691 times
08 Mon Apr 2024	177.50	178.90	181.50	174.00	0.808 times
05 Fri Apr 2024	177.25	182.90	182.90	176.50	0.821 times
04 Thu Apr 2024	181.95	180.80	184.00	178.00	0.964 times
03 Wed Apr 2024	178.80	178.85	182.00	177.60	1.202 times
02 Tue Apr 2024	178.95	173.90	181.20	170.45	1.425 times

My analysis of stock is bullish for shortterm, and stock might move up till 178.1 or till 193.5. Use a stoploss of 165.31 and if this stock hits its stoploss, then it can fall down till 152.51

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	162.55
Upside Target	181.05
Upside Target	181.50
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	162.93
Downside Intraday Target	157.67
Upside Intraday Target	173.08
Upside Intraday Target	177.97
Downside Intraday Target	167.82

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	168.20	162.55	172.70	162.55	0.535 times
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

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
16 Tue Apr 2024	168.20	166.50	184.00	162.55	0.343 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 SELL. 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.

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. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Prakash Industries in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Prakash 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 175.72 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 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.