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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 2024-08-14 View latest technical analysis

10 day averaged volume of Prakash Industries is 900144

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	178.72	179.50	180.95	173.00	0.826 times
13 Tue Aug 2024	178.92	186.35	187.35	177.00	0.817 times
12 Mon Aug 2024	185.67	178.98	187.99	176.25	1.431 times
09 Fri Aug 2024	178.24	178.40	181.20	176.05	0.632 times
08 Thu Aug 2024	175.46	178.25	179.12	175.01	0.628 times
07 Wed Aug 2024	179.46	174.80	180.49	173.18	0.748 times
06 Tue Aug 2024	173.32	178.00	182.80	172.26	0.906 times
05 Mon Aug 2024	175.17	183.60	185.00	169.14	1.277 times
02 Fri Aug 2024	190.43	186.90	192.62	185.15	0.976 times
01 Thu Aug 2024	189.41	195.61	196.85	186.99	1.173 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 177.3 as stoploss in an intra day buy trade for a target of 184.4. However, stock will show a bearish move below 177.3.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	150.65
Downside Target	161.20
Downside Target	169.14
Downside Target	173.00
Upside Target	184.00
Upside Target	187.99
Upside Target	196.66
Upside Target	196.85
Upside Target	198.00
Upside Target	200.29
Upside Target	200.45
Upside Target	212.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	171.82
Downside Intraday Target	164.91
Upside Intraday Target	186.81
Upside Intraday Target	194.89
Upside Intraday Target	179.9

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	178.72	178.98	187.99	173.00	0.733 times
09 Fri Aug 2024	178.24	183.60	185.00	169.14	0.724 times
02 Fri Aug 2024	190.43	193.00	200.45	185.15	1.024 times
26 Fri Jul 2024	191.02	179.00	198.00	175.55	1.299 times
19 Fri Jul 2024	178.81	199.47	200.29	176.61	0.399 times

Price has moved up 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
14 Wed Aug 2024	178.72	195.61	196.85	169.14	0.249 times
31 Wed Jul 2024	195.28	184.05	212.00	175.55	1.841 times
28 Fri Jun 2024	183.94	165.55	196.66	138.00	1.642 times
31 Fri May 2024	160.55	172.40	179.45	150.65	1.208 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 Prakash Industries (PRAKASH)

Price action analysis of Prakash Industries ( (PRAKASH) ) 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 Prakash Industries ( (PRAKASH) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short to mid 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 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 Prakash Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Prakash Industries in short term and the sell 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling 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 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 181.15 and Prakash Industries (PRAKASH) 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 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.