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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
₹134.85
₹0.60(0.45%)
Indian Market opens in 3h 19m

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 bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.34)
Trend Strength:Moderate (ADX: 29.88)
Volatility:Medium (ATR: 6.49)
Support/Resistance:$118.08 – $135.00 (Bollinger Bands)

Technical conditions suggest Prakash Industries Limited on the BSE is awaiting a decisive move. Overall, Prakash Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.34

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.13

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.88

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 6.39

Strongly Bullish
Strong upside momentum.

Takeaway:Prakash Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.88

Moderate
Moderate trend, direction gaining strength.

ATR (14): 6.49

High
High volatility, wide price fluctuations.

CCI (14): 142.38

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Prakash Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$135.00
Middle Band (SMA 20)
$126.54
Lower Band
$118.08
Current Position
Within Bands

Takeaway:Prakash Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$141.42
Middle Line (EMA 20)
$128.43
Lower Channel
$115.45
Squeeze Status
Squeeze On

Takeaway:Prakash Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume424.44K
Money Flow Index61.08Bullish, inflows support continued momentum.
Relative Vigor Index52.48Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PRAKASH.BO shows bullish money flow, with volume and vigor supporting buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Prakash Industries Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: PRAKASH.BO) Technical Analysis FAQ