A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Praj Industries Limited
By MusingTheNews
2025-07-16 20:50
Overall Technical outlook
Price Summary
Praj Industries Limited's stock opened at 492.5 on 2025-07-15, surged to a high of 501.7, hit a low of 492.5, and closed up 0.59% at 495.4, with 778045 shares traded. In the past year, the highest stock price was 844.6, and the lowest was 451.5. Future price predictions suggest a range between 493.0 and 700.0, with an average expected price of 589.0, as per 6 analysts.
Technicals
Support and Resistance: With the current price at 495.4, support is found at 476.45 and resistance at 497.65. These levels indicate where buyers might step in at 476.45, while sellers could limit gains at 497.65, defining a trading boundary for Praj Industries Limited. Support/Resistance for PRAJIND
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Praj Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Praj Industries Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for PRAJIND. Parabolic Stop and Reverse chart for Praj Industries Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Praj Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Praj Industries Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.