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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
₹119.20
₹0.90(0.76%)
Indian Market opens in 19h 30m

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 neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.87)
Trend Strength:Weak (ADX: 14.05)
Volatility:Medium (ATR: 4.68)
Support/Resistance:$114.80 – $123.98 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 46.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.85

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.84

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.68

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: -1.71

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.05

Weak
Weak trend, market trading sideways.

ATR (14): 4.68

Medium
Medium volatility, healthy price movement.

CCI (14): -38.06

Bearish
Bearish, momentum remains under pressure.

Takeaway:Prakash Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$123.98
Middle Band (SMA 20)
$119.39
Lower Band
$114.80
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$129.47
Middle Line (EMA 20)
$120.11
Lower Channel
$110.74
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-326.35K
Money Flow Index54.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.54Neutral 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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Prakash Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: PRAKASH.BO) Technical Analysis FAQ