Homepage Active Options Active Stocks

Stock analysis Praj Industries Limited PRAJIND

More indepth analysis on MunafaSutra.com

Moving Averages for Praj Industries Limited

  • 5Day Average: 707.28
  • 12Day Average: 707.08
  • 20Day Average: 712.62
  • 50Day Average: 742.38
  • 100Day Average: 732.89
  • 150Day Average: 683.54
  • 200Day Average: 639.62

PRAJIND Indicators & signals

Indicator MACD (12,26,9)

712.7, 722.44, -13.64
Indicator MACD is in negative zone

Indicator ADX (14)

23.85, 36.86, 22.67
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PRAJIND Praj Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 779.20 670.30 to 804.00 15.35% 24.13 times
21 Thu Nov 2024 675.50 671.60 to 698.00 -2.78% 0.8 times
19 Tue Nov 2024 694.85 691.75 to 716.85 -0.33% 0.7 times
18 Mon Nov 2024 697.15 682.05 to 707.00 1.08% 1.12 times
14 Thu Nov 2024 689.70 666.00 to 692.00 2.12% 1.57 times
13 Wed Nov 2024 675.40 665.55 to 694.00 -3.13% 1.31 times
12 Tue Nov 2024 697.20 696.00 to 711.10 -1.13% 1.09 times
11 Mon Nov 2024 705.20 702.40 to 727.95 -1.29% 0.85 times
08 Fri Nov 2024 714.45 701.05 to 719.85 0.12% 1.1 times
07 Thu Nov 2024 713.60 710.20 to 733.50 -2.03% 0.73 times
06 Wed Nov 2024 728.35 715.10 to 732.00 1.95% 0.75 times
05 Tue Nov 2024 714.40 702.15 to 717.90 0.54% 0.99 times

Technical analysis forecast of Praj Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Praj Industries Limited PRAJIND at this time. Stock is rising and might rise more.

It appears as if Praj Industries Limited PRAJIND gave a large move recently.

Stock of Praj Industries Limited (PRAJIND) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Praj Industries Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 772, for a target of 742.7 or 718.23

More indepth analysis on MunafaSutra.com