Overall Technical outlook

Price Summary

The stock of Praj Industries Limited experienced a -4.06% tumble, showcasing a lousy market performance.
Praj Industries Limited's stock opened at 419.0 on 2025-09-04, surged to a high of 419.0, hit a low of 400.0, and closed up -4.06% at 402.0, with 697974 shares traded.
In the 52-week period, the stock's peak price is 844.6, and the lowest price recorded is 391.3.
According to 6 analysts, the future price is anticipated to vary between 493.0 and 700.0, with an average expected price of around 589.0.

Technicals

Support and Resistance: With the current price at 402.0, support is found at 391.3 and resistance at 418.4. These levels indicate where buyers might step in at 391.3, while sellers could limit gains at 418.4, defining a trading boundary for Praj Industries Limited.
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Support/Resistance for PRAJIND


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for Praj Industries Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Bolinger Bands chart for Praj Industries Limited


Parabolic SAR: The PSAR for PRAJIND continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Praj Industries Limited


Stochastic: The STOCHASTIC is in a neutral stance for PRAJIND, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Praj Industries Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for PRAJIND, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam.
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Tripple SMA chart for Praj Industries Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.