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(PRAKASH_BE) Prakash Industries complete technical analysis [charts+indicators] | Buy/Sell Prakash Industries | (PRAKASH_BE) share price targets

Complete technical analysis of Prakash Industries (PRAKASH_BE) by charts plus indicators, forecast predictions and share price targets for Prakash Industries (PRAKASH_BE)

10 day averaged volume of Prakash Industries is 382134

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	178.60	179.95	182.00	175.00	0.795 times
18 Thu Jan 2024	178.00	177.00	181.70	171.40	1.107 times
17 Wed Jan 2024	175.80	175.90	177.95	173.50	0.765 times
16 Tue Jan 2024	177.95	180.90	184.00	175.10	1.444 times
15 Mon Jan 2024	180.25	185.45	187.40	173.70	1.026 times
12 Fri Jan 2024	182.65	184.65	187.00	179.15	0.912 times
11 Thu Jan 2024	182.45	187.25	187.70	177.65	0.734 times
10 Wed Jan 2024	185.55	185.40	186.50	181.10	0.692 times
09 Tue Jan 2024	183.70	187.00	190.00	182.10	0.858 times
08 Mon Jan 2024	185.90	194.90	194.90	185.10	1.046 times

My analysis of stock is bearish for shortterm, and stock might move down till 172.9 or till 163.9. Use a stoploss of 180.32 and if the stock hits stoploss, then it can shoot up till 187.79

Share price targets for Prakash Industries (PRAKASH_BE)

Target Type	Value
Downside Target	67.20
Downside Target	73.50
Downside Target	147.00
Downside Target	157.15
Downside Target	165.50
Downside Target	177.50
Upside Target	180.45
Upside Target	187.40
Upside Target	191.95
Upside Target	192.65
Upside Target	194.90
Upside Target	200.00

Intraday share price targets for Prakash Industries (PRAKASH_BE)

Target Type	Value
Downside Intraday Target	170.87
Downside Intraday Target	163.13
Upside Intraday Target	186.87
Upside Intraday Target	195.13
Upside Intraday Target	179.13

Weekly technical analysis of Prakash Industries (PRAKASH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	178.60	185.45	187.40	171.40	1.211 times
12 Fri Jan 2024	182.65	194.90	194.90	177.65	0.424 times
05 Fri Jan 2024	191.10	167.35	200.00	167.35	3.411 times
29 Fri Dec 2023	167.20	174.00	177.50	165.50	0.443 times
22 Fri Dec 2023	172.70	180.40	180.45	157.15	0.701 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	178.60	167.35	200.00	167.35	0.729 times
29 Fri Dec 2023	167.20	152.90	192.65	150.00	1.138 times
30 Thu Nov 2023	151.15	158.30	168.75	147.00	1.752 times
31 Tue Oct 2023	158.30	190.00	191.95	149.00	5.281 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_BE)

Price action analysis of Prakash Industries ( (PRAKASH_BE) ) 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_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Prakash Industries ( (PRAKASH_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Prakash Industries in short term but the sell signal is initial and weak.

Prakash Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 180.87 and Prakash Industries (PRAKASH_BE) 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_BE) stock. Volume based technical analysis of Prakash Industries (PRAKASH_BE) stock is negative.

Prakash Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.