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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 2024-10-10 View latest technical analysis

10 day averaged volume of Prakash Industries is 823461

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	169.84	170.95	172.95	169.05	0.433 times
09 Wed Oct 2024	169.48	173.69	174.68	168.55	0.719 times
08 Tue Oct 2024	171.95	161.60	173.00	161.60	0.964 times
07 Mon Oct 2024	163.60	176.00	177.63	162.00	1.361 times
04 Fri Oct 2024	175.52	176.00	179.45	170.00	0.833 times
03 Thu Oct 2024	176.11	179.50	181.49	174.80	0.934 times
01 Tue Oct 2024	181.71	182.35	184.40	178.99	0.925 times
30 Mon Sep 2024	181.96	180.00	182.50	176.50	1.348 times
27 Fri Sep 2024	179.34	182.90	184.35	179.00	0.873 times
26 Thu Sep 2024	181.94	180.90	184.00	178.82	1.144 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 171.8, but if it comes above 171.8, then a intra day buy could be more profitable.
If you take a sell trade below 171.8, then use 171.8 as stoploss and 161.4 as target. However if you take a buy trade in stock , then use 171.8 as stoploss and 180.54 as target.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	161.60
Downside 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	161.75
Downside Intraday Target	153.66
Upside Intraday Target	177.78
Upside Intraday Target	185.72
Downside Intraday Target	169.69

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	169.84	176.00	177.63	161.60	0.861 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
10 Thu Oct 2024	169.84	182.35	184.40	161.60	0.142 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 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 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.

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 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 175.43 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.