Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-07 View latest technical analysis

10 day averaged volume of Prakash Industries is 872904

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	163.60	176.00	177.63	162.00	1.284 times
04 Fri Oct 2024	175.52	176.00	179.45	170.00	0.786 times
03 Thu Oct 2024	176.11	179.50	181.49	174.80	0.881 times
01 Tue Oct 2024	181.71	182.35	184.40	178.99	0.872 times
30 Mon Sep 2024	181.96	180.00	182.50	176.50	1.272 times
27 Fri Sep 2024	179.34	182.90	184.35	179.00	0.823 times
26 Thu Sep 2024	181.94	180.90	184.00	178.82	1.079 times
25 Wed Sep 2024	180.00	183.90	185.70	178.45	0.849 times
24 Tue Sep 2024	182.91	181.00	187.10	181.00	1.614 times
23 Mon Sep 2024	180.07	180.00	181.80	178.99	0.642 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 158.5, for a target of 173.6 or 186.12

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	162.00
Upside Target	169.14
Upside Target	174.50
Upside Target	183.72
Upside Target	187.10
Upside Target	196.66
Upside Target	199.00
Upside Target	212.00
Upside Target	224.89
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	157.86
Downside Intraday Target	152.11
Upside Intraday Target	173.49
Upside Intraday Target	183.37
Upside Intraday Target	167.74

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	163.60	176.00	177.63	162.00	0.337 times
04 Fri Oct 2024	175.52	180.00	184.40	170.00	0.761 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

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
07 Mon Oct 2024	163.60	182.35	184.40	162.00	0.093 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 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 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 neutral. A longer time frame might give a better analysis.

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.

Prakash Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and selling is picking up 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 178.25 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.