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Prakash Industries Limited

PRAKASH.BO Technical Analysis Summary (BSE)

Analyze PRAKASH.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PRAKASH.BO●BSE
Basic MaterialsSteel
₹123.80
₹0.45(0.36%)
Indian Market opens in 23h 55m

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 (BSE)

Prakash Industries Limited (BSE: PRAKASH.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.64)
Trend Strength:Strong (ADX: 32.25)
Volatility:Medium (ATR: 3.70)
Support/Resistance:$118.43 – $141.06 (Bollinger Bands)

Technical conditions suggest Prakash Industries Limited on the BSE is awaiting a decisive move. This mix signals that Prakash Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 27.64

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 10.40

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.93

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.02

Strongly Bearish
Sharp downside momentum.

Takeaway:Prakash Industries Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -4.68

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.25

Strong
Strong trend, momentum well established.

ATR (14): 3.70

Medium
Medium volatility, healthy price movement.

CCI (14): -99.82

Bearish
Bearish, momentum remains under pressure.

Takeaway:Prakash Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$141.06
Middle Band (SMA 20)
$129.75
Lower Band
$118.43
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$136.95
Middle Line (EMA 20)
$129.54
Lower Channel
$122.13
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 Volume300.47K
Money Flow Index14.05Bullish, oversold conditions signal rebound potential.
Relative Vigor Index29.85Bearish, price momentum favors sellers.

Overall Takeaway:PRAKASH.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Prakash Industries Limited (BSE: PRAKASH.BO), 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.

RVI below 50 → vigor tilted toward sellers.

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

(BSE: PRAKASH.BO) Technical Analysis FAQ