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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 2024-10-01 View latest technical analysis

10 day averaged volume of Prakash Industries is 1128030

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	181.71	182.35	184.40	178.99	0.675 times
30 Mon Sep 2024	181.96	180.00	182.50	176.50	0.984 times
27 Fri Sep 2024	179.34	182.90	184.35	179.00	0.637 times
26 Thu Sep 2024	181.94	180.90	184.00	178.82	0.835 times
25 Wed Sep 2024	180.00	183.90	185.70	178.45	0.657 times
24 Tue Sep 2024	182.91	181.00	187.10	181.00	1.249 times
23 Mon Sep 2024	180.07	180.00	181.80	178.99	0.497 times
20 Fri Sep 2024	178.78	179.70	184.23	178.00	0.915 times
19 Thu Sep 2024	178.45	182.95	185.99	174.50	1.233 times
18 Wed Sep 2024	181.82	187.00	188.95	180.18	1.48 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 178.1 as stoploss in an intra day buy trade for a target of 192.83. However, stock will show a bearish move below 178.1.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	169.14
Downside Target	174.50
Upside Target	183.72
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	177.34
Downside Intraday Target	172.97
Upside Intraday Target	185.24
Upside Intraday Target	188.77
Downside Intraday Target	180.87

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	181.71	180.00	184.40	176.50	0.428 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
01 Tue Oct 2024	181.71	182.35	184.40	178.99	0.021 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Prakash Industries stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 buy signal for Prakash Industries in short term and BUY 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

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 180.83 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.