(PrajInd) Praj Ind complete technical analysis [charts+indicators] | Buy/Sell Praj Ind | (PrajInd) share price targets
Complete technical analysis of Praj Ind (PrajInd) by charts plus indicators, forecast predictions and share price targets for Praj Ind (PrajInd)
Showing technical analysis as on 2023-01-19 View latest technical analysis
10 day averaged volume of Praj Ind is 38217
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 339.80 | 351.05 | 354.35 | 338.80 | 2.499 times |
| 18 Wed Jan 2023 | 353.95 | 355.10 | 360.00 | 353.10 | 0.845 times |
| 17 Tue Jan 2023 | 356.10 | 352.00 | 361.90 | 352.00 | 0.613 times |
| 16 Mon Jan 2023 | 353.75 | 353.05 | 356.15 | 352.45 | 0.415 times |
| 13 Fri Jan 2023 | 353.00 | 359.25 | 360.90 | 351.95 | 0.806 times |
| 12 Thu Jan 2023 | 355.10 | 355.30 | 359.50 | 354.00 | 1.448 times |
| 11 Wed Jan 2023 | 358.30 | 359.95 | 361.90 | 356.95 | 0.949 times |
| 10 Tue Jan 2023 | 360.30 | 359.95 | 362.85 | 354.70 | 1.281 times |
| 09 Mon Jan 2023 | 356.70 | 369.10 | 372.20 | 354.50 | 1.889 times |
| 06 Fri Jan 2023 | 367.50 | 367.40 | 369.35 | 364.25 | 0.951 times |
Stock of Praj Ind (PrajInd) has showed a significant fall. This could be a good time to exit from this stock.
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 338.6, for a target of 348.2 or 356.21
Share price targets for Praj Ind (PrajInd)
| Target Type | Value |
| Downside Target | 333.10 |
| Upside Target | 351.95 |
| Upside Target | 361.90 |
| Upside Target | 376.10 |
| Upside Target | 382.05 |
| Upside Target | 391.40 |
| Upside Target | 394.65 |
| Upside Target | 399.30 |
| Upside Target | 435.45 |
| Upside Target | 444.70 |
| Upside Target | 461.50 |
Intraday share price targets for Praj Ind (PrajInd)
| Target Type | Value |
| Downside Intraday Target | 331.77 |
| Downside Intraday Target | 323.73 |
| Upside Intraday Target | 354.87 |
| Upside Intraday Target | 369.93 |
| Upside Intraday Target | 346.83 |
Weekly technical analysis of Praj Ind (PrajInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 339.80 | 353.05 | 361.90 | 338.80 | 0.686 times |
| 13 Fri Jan 2023 | 353.00 | 369.10 | 372.20 | 351.95 | 1.001 times |
| 06 Fri Jan 2023 | 367.50 | 357.00 | 371.50 | 352.20 | 0.788 times |
| 30 Fri Dec 2022 | 356.35 | 338.70 | 366.85 | 338.10 | 0.369 times |
| 23 Fri Dec 2022 | 340.75 | 375.10 | 391.40 | 333.10 | 2.09 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 Praj Ind (PrajInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 339.80 | 357.00 | 372.20 | 338.80 | 0.32 times |
| 30 Fri Dec 2022 | 356.35 | 391.45 | 394.65 | 333.10 | 1.283 times |
| 30 Wed Nov 2022 | 391.40 | 413.10 | 444.70 | 382.05 | 0.617 times |
| 31 Mon Oct 2022 | 413.05 | 420.00 | 461.50 | 399.30 | 1.108 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 Praj Ind (PrajInd)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 31, 38 | Sell |
| MACD | -14, -13 | Sell |
| Stochastics | 11 | Sell |
| CCI | -220 | Sell |
| RSI | 42 | Sell |
| OBV | -403795 | Sell |
| VWAP | 354 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Praj Ind ( (PrajInd) ) based on a short 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 Praj Ind ( (PrajInd) ) 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 Praj Ind ( (PrajInd) ) based on a short to mid 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 Praj Ind ( (PrajInd) ) 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 Praj Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Praj Ind in short term and the sell signal is strong.
Praj Ind 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 Praj 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 Praj 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 353.7 and Praj Ind (PrajInd) 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 Praj Ind (PrajInd) stock. Volume based technical analysis of Praj Ind (PrajInd) stock is negative.
Praj 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.
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