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

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

Showing technical analysis as on 2024-09-11 View latest technical analysis

10 day averaged volume of Prakash Ind is 103664

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	192.40	223.45	225.55	183.75	10.123 times
10 Tue Sep 2024	219.25	211.00	220.00	211.00	1.289 times
09 Mon Sep 2024	211.55	210.15	212.95	205.85	0.47 times
06 Fri Sep 2024	210.90	224.10	224.10	209.95	0.916 times
05 Thu Sep 2024	219.70	223.20	224.75	218.40	0.776 times
04 Wed Sep 2024	218.60	215.50	221.55	212.05	1.135 times
03 Tue Sep 2024	216.55	224.00	224.00	216.00	1.065 times
02 Mon Sep 2024	219.80	221.15	223.50	215.40	1.489 times
30 Fri Aug 2024	221.20	230.90	230.90	220.15	0.512 times
29 Thu Aug 2024	226.60	221.00	232.00	220.30	1.24 times

Stock of Prakash Ind (PrakashInd) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 196.9, but if it comes above 196.9, then a intra day buy could be more profitable.
If you take a sell trade below 196.9, then use 196.9 as stoploss and 179.8 as target. However if you take a buy trade in stock , then use 196.9 as stoploss and 211.19 as target.

Share price targets for Prakash Ind (PrakashInd)

Target Type	Value
Downside Target	139.10
Downside Target	150.80
Downside Target	170.00
Downside Target	183.75
Upside Target	196.25
Upside Target	209.95
Upside Target	211.95
Upside Target	216.35
Upside Target	224.75
Upside Target	225.55
Upside Target	237.25

Intraday share price targets for Prakash Ind (PrakashInd)

Target Type	Value
Downside Intraday Target	175.58
Downside Intraday Target	158.77
Upside Intraday Target	217.38
Upside Intraday Target	242.37
Upside Intraday Target	200.57

Weekly technical analysis of Prakash Ind (PrakashInd)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	192.40	210.15	225.55	183.75	2.208 times
06 Fri Sep 2024	210.90	221.15	224.75	209.95	0.501 times
30 Fri Aug 2024	221.20	210.80	237.25	210.40	0.656 times
23 Fri Aug 2024	208.30	184.35	216.35	184.35	6.617 times
16 Fri Aug 2024	185.60	176.65	187.85	173.30	0.543 times

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

Monthly technical analysis of Prakash Ind (PrakashInd)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	192.40	221.15	225.55	183.75	0.48 times
30 Fri Aug 2024	221.20	197.05	237.25	170.00	0.907 times
31 Wed Jul 2024	195.15	184.40	211.95	175.55	1.194 times
28 Fri Jun 2024	183.70	165.00	196.25	139.10	1.528 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 Ind (PrakashInd)

Price action analysis of Prakash Ind ( (PrakashInd) ) 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 Ind ( (PrakashInd) ) 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 Ind ( (PrakashInd) ) 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 Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Prakash Ind in short term but the sell signal is initial and weak.

Prakash Ind 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 coming down

CCI has generated a SELL signal for Prakash Ind 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 Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 204.77 and Prakash Ind (PrakashInd) 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 Ind (PrakashInd) stock. Volume based technical analysis of Prakash Ind (PrakashInd) stock is negative.

Prakash Ind 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.