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Stock analysis Praj Industries Limited PRAJIND

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Moving Averages for Praj Industries Limited

  • 5Day Average: 532.38
  • 12Day Average: 498.24
  • 20Day Average: 499.65
  • 50Day Average: 502.67
  • 100Day Average: 535.76
  • 150Day Average: 540.76
  • 200Day Average: 509.84

PRAJIND Indicators & signals

Indicator MACD (12,26,9)

512.45, 505.74, -0.52
Indicator MACD is in positive zone

Indicator ADX (14)

23.67, 28.06, 17.32
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
28 Thu Mar 2024 532.95 524.00 to 544.00 -1.09% 0.36 times
27 Wed Mar 2024 538.85 531.15 to 545.60 1.45% 0.46 times
26 Tue Mar 2024 531.15 520.05 to 544.00 -0.15% 0.88 times
22 Fri Mar 2024 531.95 521.60 to 537.75 0.94% 0.64 times
21 Thu Mar 2024 527.00 508.95 to 534.80 1.72% 2.08 times
20 Wed Mar 2024 518.10 473.70 to 525.75 9.37% 3.55 times
19 Tue Mar 2024 473.70 470.10 to 479.00 -0.08% 0.22 times
18 Mon Mar 2024 474.10 463.00 to 485.50 3.12% 0.58 times
15 Fri Mar 2024 459.75 448.00 to 470.00 1.89% 0.57 times
14 Thu Mar 2024 451.20 448.55 to 462.80 -0.85% 0.44 times
13 Wed Mar 2024 455.05 450.50 to 487.05 -6.18% 0.59 times
12 Tue Mar 2024 485.05 479.85 to 489.05 0% 0.32 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Praj Industries Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 533 as stoploss in an intra day sell trade for a target of 506.8. However, stock will show a bullish move above 533.

More indepth analysis on MunafaSutra.com