Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-29 View latest technical analysis

10 day averaged volume of Prajay Engs is 99076

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	41.94	44.72	44.72	41.65	0.766 times
28 Wed Aug 2024	43.84	46.42	46.59	43.03	0.81 times
27 Tue Aug 2024	44.42	43.90	44.42	40.77	0.863 times
26 Mon Aug 2024	42.31	44.25	44.25	42.01	4.52 times
23 Fri Aug 2024	42.15	42.15	42.15	42.15	0.473 times
22 Thu Aug 2024	40.15	39.85	40.15	39.00	0.857 times
21 Wed Aug 2024	38.24	37.45	38.24	37.40	0.954 times
20 Tue Aug 2024	36.42	35.00	36.70	35.00	0.369 times
19 Mon Aug 2024	34.97	35.00	35.50	34.03	0.491 times
16 Fri Aug 2024	33.81	31.15	33.92	31.15	0.292 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.6, but if it comes below 41.6, then a intra day sell could be more profitable.
If you take a sell trade below 41.6, then use 41.6 as stoploss and 38.18 as target. However if you take a buy trade in stock , then use 41.6 as stoploss and 45.7 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
Upside Target	42.15
Upside Target	44.32
Upside Target	46.59

Intraday share price targets for Prajay Engs (PrajayEngs)

Target Type	Value
Downside Intraday Target	39.61
Downside Intraday Target	37.28
Upside Intraday Target	45.43
Upside Intraday Target	48.92
Upside Intraday Target	43.1

Weekly technical analysis of Prajay Engs (PrajayEngs)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	41.94	44.25	46.59	40.77	2.213 times
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

Price has moved down 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
29 Thu Aug 2024	41.94	40.75	46.59	31.15	0.762 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 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Prajay Engs in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 41.22 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.