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Prakash Industries Limited

PRAKASH.BO•BSE
Basic Materials
Steel
₹116.45
₹2.75(2.42%)
Indian Market opens in 5h 7m

Prakash Industries Limited (PRAKASH.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Prakash Industries Limited (BSE:PRAKASH.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PRAKASH.BO Technical Analysis Summary

Prakash Industries Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.75)
Trend Strength:Moderate (ADX: 27.48)
Volatility:Medium (ATR: 5.67)
Support/Resistance:$111.41 – $139.48 (Bollinger Bands)

Technical conditions suggest Prakash Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.75

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.04

Bullish
Oversold zone signals rebound potential.

Williams %R: -79.05

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.08

Strongly Bearish
Sharp downside momentum.

Takeaway:Prakash Industries Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -3.58

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.48

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.67

High
High volatility, wide price fluctuations.

CCI (14): -122.86

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Prakash Industries Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$139.48
Middle Band (SMA 20)
$125.45
Lower Band
$111.41
Current Position
Within Bands

Takeaway:Prakash Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$134.75
Middle Line (EMA 20)
$123.40
Lower Channel
$112.06
Squeeze Status
No Squeeze

Takeaway:Prakash Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-517.46K
Money Flow Index32.26Bearish, selling pressure outweighs inflows.
Relative Vigor Index52.93Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PRAKASH.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Prakash Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Prakash Industries Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ