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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 2024-10-24 View latest technical analysis

10 day averaged volume of Prakash Industries is 478941

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	156.56	160.20	161.50	156.05	1.062 times
23 Wed Oct 2024	161.13	156.90	162.55	152.96	1.145 times
22 Tue Oct 2024	156.15	166.92	167.12	155.01	2.019 times
21 Mon Oct 2024	166.92	168.90	170.04	166.00	1.238 times
18 Fri Oct 2024	168.07	167.43	170.95	165.01	0.851 times
17 Thu Oct 2024	168.02	171.00	172.00	165.91	0.874 times
16 Wed Oct 2024	170.58	168.81	171.20	168.05	0.74 times
15 Tue Oct 2024	168.56	172.25	172.44	167.99	0.64 times
14 Mon Oct 2024	171.31	170.45	173.30	168.90	1 times
11 Fri Oct 2024	169.26	170.34	171.79	168.21	0.748 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 154.1, for a target of 163 or 170.4

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	152.96
Upside Target	161.60
Upside Target	165.01
Upside Target	169.14
Upside Target	184.40
Upside Target	187.10
Upside Target	196.66
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	149.67
Downside Intraday Target	142.77
Upside Intraday Target	166.75
Upside Intraday Target	176.93
Upside Intraday Target	159.85

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	156.56	168.90	170.04	152.96	1.331 times
18 Fri Oct 2024	168.07	170.45	173.30	165.01	0.61 times
11 Fri Oct 2024	169.26	176.00	177.63	161.60	0.968 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

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
24 Thu Oct 2024	156.56	182.35	184.40	152.96	0.28 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 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 losing 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 positive zone. This is a BUY 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 164.25 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.