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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 2024-09-30 View latest technical analysis

10 day averaged volume of Prakash Industries is 1136959

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	181.96	180.00	182.50	176.50	0.976 times
27 Fri Sep 2024	179.34	182.90	184.35	179.00	0.632 times
26 Thu Sep 2024	181.94	180.90	184.00	178.82	0.829 times
25 Wed Sep 2024	180.00	183.90	185.70	178.45	0.652 times
24 Tue Sep 2024	182.91	181.00	187.10	181.00	1.239 times
23 Mon Sep 2024	180.07	180.00	181.80	178.99	0.493 times
20 Fri Sep 2024	178.78	179.70	184.23	178.00	0.907 times
19 Thu Sep 2024	178.45	182.95	185.99	174.50	1.223 times
18 Wed Sep 2024	181.82	187.00	188.95	180.18	1.469 times
17 Tue Sep 2024	186.66	193.55	194.75	185.25	1.501 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 179.2 as stoploss in an intra day buy trade for a target of 194.56. However, stock will show a bearish move below 179.2.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	150.65
Downside Target	169.14
Downside Target	174.50
Upside Target	196.66
Upside Target	199.00
Upside Target	209.50
Upside Target	212.00
Upside Target	224.72
Upside Target	224.89
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	178.14
Downside Intraday Target	174.32
Upside Intraday Target	184.14
Upside Intraday Target	186.32
Downside Intraday Target	180.32

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	181.96	180.00	182.50	176.50	0.254 times
27 Fri Sep 2024	179.34	180.00	187.10	178.45	0.625 times
20 Fri Sep 2024	178.78	199.00	199.00	174.50	0.391 times
13 Fri Sep 2024	197.38	209.91	224.89	183.72	3.314 times
06 Fri Sep 2024	210.99	222.20	224.72	209.50	0.292 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
30 Mon Sep 2024	181.96	222.20	224.89	174.50	0.84 times
30 Fri Aug 2024	221.09	195.61	237.00	169.14	1.251 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Prakash Industries in short term and the sell signal is strong.

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

Prakash Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 negative zone. This is the SELL 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 181.65 and Prakash Industries (PRAKASH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.