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(PrajayEngs) Prajay Engs complete technical analysis [charts+indicators] | Buy/Sell Prajay Engs | (PrajayEngs) share price targets

Complete technical analysis of Prajay Engs (PrajayEngs) by charts plus indicators, forecast predictions and share price targets for Prajay Engs (PrajayEngs)

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Prajay Engs is 55805

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	42.15	42.15	42.15	42.15	0.84 times
22 Thu Aug 2024	40.15	39.85	40.15	39.00	1.522 times
21 Wed Aug 2024	38.24	37.45	38.24	37.40	1.694 times
20 Tue Aug 2024	36.42	35.00	36.70	35.00	0.656 times
19 Mon Aug 2024	34.97	35.00	35.50	34.03	0.871 times
16 Fri Aug 2024	33.81	31.15	33.92	31.15	0.518 times
14 Wed Aug 2024	32.31	34.24	34.24	31.72	0.658 times
13 Tue Aug 2024	33.38	36.27	36.27	33.02	1.35 times
12 Mon Aug 2024	34.71	35.48	35.71	34.50	1.077 times
09 Fri Aug 2024	35.43	36.51	37.13	35.43	0.467 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.7, but if it comes below 40.7, then a intra day sell could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 37.77 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 44.1 as target.

Share price targets for Prajay Engs (PrajayEngs)

Target Type	Value
Downside Target	24.10
Downside Target	24.91
Downside Target	26.71
Downside Target	29.26
Downside Target	29.85
Downside Target	31.15
Downside Target	31.78
Downside Target	34.03
Downside Target	35.43
Downside Target	36.27
Downside Target	37.35
Downside Target	40.04
Downside Target	42.15
Upside Target	42.21
Upside Target	44.32

Intraday share price targets for Prajay Engs (PrajayEngs)

Target Type	Value
Downside Intraday Target	36.74
Downside Intraday Target	31.32
Upside Intraday Target	44.86
Upside Intraday Target	47.56
Downside Intraday Target	39.44

Weekly technical analysis of Prajay Engs (PrajayEngs)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	42.15	35.00	42.15	34.03	1.55 times
16 Fri Aug 2024	33.81	35.48	36.27	31.15	0.571 times
09 Fri Aug 2024	35.43	36.11	40.04	35.43	0.505 times
02 Fri Aug 2024	37.66	44.32	44.32	37.35	0.911 times
26 Fri Jul 2024	42.21	33.23	42.21	31.15	5.315 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prajay Engs (PrajayEngs)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	42.15	40.75	42.15	31.15	0.434 times
31 Wed Jul 2024	39.96	31.10	44.32	29.26	1.688 times
28 Fri Jun 2024	30.49	26.46	38.00	24.91	4.374 times
31 Fri May 2024	27.00	28.50	29.85	26.71	0.41 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prajay Engs (PrajayEngs)

Price action analysis of Prajay Engs ( (PrajayEngs) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Prajay Engs ( (PrajayEngs) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Prajay Engs ( (PrajayEngs) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Prajay Engs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Prajay Engs in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prajay Engs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prajay Engs in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Prajay Engs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.61 and Prajay Engs (PrajayEngs) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Prajay Engs (PrajayEngs) stock. Volume based technical analysis of Prajay Engs (PrajayEngs) stock is negative.

Prajay Engs Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.