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Stock analysis Praj Industries Limited PRAJIND

More indepth analysis on MunafaSutra.com

Moving Averages for Praj Industries Limited

  • 5Day Average: 771.09
  • 12Day Average: 758.86
  • 20Day Average: 783.92
  • 50Day Average: 784.08
  • 100Day Average: 766.13
  • 150Day Average: 750.9
  • 200Day Average: 702

PRAJIND Indicators & signals

Indicator MACD (12,26,9)

768.46, 778.19, -9.63
Indicator MACD is in negative zone

Indicator ADX (14)

7.57, 19.72, 22.95
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
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
21 Tue Jan 2025 763.90 760.00 to 807.00 -3.04% 0.8 times
20 Mon Jan 2025 787.85 785.55 to 806.40 -1.1% 0.72 times
17 Fri Jan 2025 796.65 755.00 to 804.00 3.77% 1.22 times
16 Thu Jan 2025 767.70 751.75 to 790.85 3.83% 2.6 times
15 Wed Jan 2025 739.35 725.50 to 766.65 2.07% 1.06 times
14 Tue Jan 2025 724.35 695.30 to 729.00 4.28% 0.75 times
13 Mon Jan 2025 694.60 690.60 to 733.40 0% 0.69 times
13 Mon Jan 2025 694.60 690.60 to 733.40 -5.97% 0.69 times
10 Fri Jan 2025 738.70 731.50 to 791.85 -5.48% 0.88 times
09 Thu Jan 2025 781.55 776.25 to 811.95 -2.25% 0.75 times
08 Wed Jan 2025 799.50 792.50 to 819.00 -2.21% 0.63 times
07 Tue Jan 2025 817.55 796.10 to 828.55 2.78% 0.79 times

Technical analysis forecast for Praj Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Praj Industries Limited PRAJIND at this time. Stock is falling and might fall more.

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

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

My analysis of Praj Industries Limited is bearish for shortterm, and stock might move down till 731.1 or till 678.1. Use a stoploss of 775.26 and if the stock hits stoploss, then it can shoot up till 819.44

More indepth analysis on MunafaSutra.com