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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 2025-01-16 View latest technical analysis

10 day averaged volume of Prakash Industries is 951679

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	164.76	165.39	165.50	160.10	0.908 times
15 Wed Jan 2025	161.93	153.50	166.99	153.10	3.297 times
14 Tue Jan 2025	152.80	148.49	154.88	147.24	1.108 times
13 Mon Jan 2025	145.31	150.56	152.42	143.43	0.775 times
10 Fri Jan 2025	151.19	155.70	155.70	150.56	0.972 times
09 Thu Jan 2025	155.74	153.61	158.40	152.80	0.888 times
08 Wed Jan 2025	152.94	154.55	155.45	151.73	0.484 times
07 Tue Jan 2025	153.66	153.40	155.20	152.65	0.326 times
06 Mon Jan 2025	152.09	162.06	162.89	151.45	0.756 times
03 Fri Jan 2025	162.06	157.91	164.35	156.99	0.936 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 162.2, but if it comes below 162.2, then a intra day sell could be more profitable.
If you take a sell trade below 162.2, then use 162.2 as stoploss and 157.05 as target. However if you take a buy trade in stock , then use 162.2 as stoploss and 168.4 as target.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	143.43
Downside Target	147.90
Downside Target	157.45
Upside Target	166.99
Upside Target	174.50
Upside Target	178.48
Upside Target	180.66
Upside Target	183.55
Upside Target	184.40
Upside Target	224.89

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	149.8
Downside Intraday Target	134.83
Upside Intraday Target	173.36
Upside Intraday Target	181.95
Downside Intraday Target	158.39

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	164.76	150.56	166.99	143.43	1.777 times
10 Fri Jan 2025	151.19	162.06	162.89	150.56	1.16 times
03 Fri Jan 2025	162.06	158.90	164.35	150.70	1.125 times
27 Fri Dec 2024	158.09	166.00	166.60	157.45	1.103 times
20 Fri Dec 2024	162.53	175.49	180.66	161.15	0.334 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prakash Industries (PRAKASH)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	164.76	153.50	166.99	143.43	0.63 times
31 Tue Dec 2024	154.26	168.40	183.55	150.70	1.399 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 157.08 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.