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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 2024-12-03 View latest technical analysis

10 day averaged volume of Prakash Industries is 567117

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	167.40	166.38	170.30	166.00	3.835 times
02 Mon Dec 2024	166.42	168.40	169.00	165.91	0.91 times
29 Fri Nov 2024	167.41	169.95	170.70	166.35	0.915 times
28 Thu Nov 2024	168.62	170.59	173.58	168.01	1.091 times
27 Wed Nov 2024	169.35	168.51	172.60	168.05	1.301 times
26 Tue Nov 2024	168.73	166.99	169.20	166.74	0.61 times
25 Mon Nov 2024	166.43	171.90	175.20	165.10	2.029 times
22 Fri Nov 2024	162.71	161.90	164.40	159.05	0.885 times
21 Thu Nov 2024	160.94	165.50	166.35	160.50	0.808 times
19 Tue Nov 2024	167.11	168.50	171.61	166.15	0.503 times

Stock of Prakash Industries (PRAKASH) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 165.1 or till 161.2. Use a stoploss of 168.36 and if the stock hits stoploss, then it can shoot up till 171.59

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	147.90
Downside Target	159.05
Downside Target	162.30
Upside Target	174.20
Upside Target	174.30
Upside Target	174.50
Upside Target	175.20
Upside Target	178.48
Upside Target	184.40
Upside Target	224.89
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	165.44
Downside Intraday Target	163.48
Upside Intraday Target	169.83
Upside Intraday Target	172.26
Upside Intraday Target	167.87

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	167.40	168.40	170.30	165.91	0.798 times
29 Fri Nov 2024	167.41	171.90	175.20	165.10	1.891 times
22 Fri Nov 2024	162.71	169.90	174.30	159.05	0.416 times
14 Thu Nov 2024	169.49	168.50	178.48	166.00	1.564 times
08 Fri Nov 2024	169.59	171.45	174.20	162.30	1.005 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
03 Tue Dec 2024	167.40	168.40	170.30	165.91	0.218 times
29 Fri Nov 2024	167.41	168.00	178.48	159.05	0.903 times
31 Thu Oct 2024	166.83	182.35	184.40	147.90	0.383 times
30 Mon Sep 2024	181.96	222.20	224.89	174.50	0.84 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Prakash Industries in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 166.8 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 rising upwards.

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 is giving positive 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.