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Prakash Steelage Limited

PRAKASHSTL.NS•NSE
Basic Materials
Steel
₹4.48
₹-0.14(-3.03%)
Indian Market opens in 12h 27m

Prakash Steelage Limited (PRAKASHSTL.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Prakash Steelage Limited (NSE:PRAKASHSTL.NS).

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

PRAKASHSTL.NS Technical Analysis Summary

Prakash Steelage Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.26)
Trend Strength:Weak (ADX: 18.84)
Volatility:High (ATR: 0.25)
Support/Resistance:$4.43 – $4.98 (Bollinger Bands)

This mix signals that Prakash Steelage Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.26

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.31

Bullish
Oversold zone signals rebound potential.

Williams %R: -73.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.33

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.84

Weak
Weak trend, market trading sideways.

ATR (14): 0.25

Low
Low volatility, stable price action.

CCI (14): -163.70

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.98
Middle Band (SMA 20)
$4.71
Lower Band
$4.43
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$5.12
Middle Line (EMA 20)
$4.61
Lower Channel
$4.11
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume202.08K
Money Flow Index41.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index35.47Bearish, price momentum favors sellers.

Overall Takeaway:PRAKASHSTL.NS shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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 Steelage Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ