Overall Technical outlook

Price Summary

The stock of Praj Industries Limited experienced a -2.43% dip, showcasing a lacklustre market performance.
Praj Industries Limited's stock started trading at 300.0 on 2026-02-03, climbed to 300.2, fell to 285.1, and closed -2.43% down at 292.7, with 1094261 shares traded.
For the 52-week period, the stock's highest price is 625.1, and the lowest price is 276.15.
PRAJIND's future price is expected to lie between 319.0 and 500.0, with an average expectation of 384.2857, as per the recommendations of 7 analysts.

Technicals

Support and Resistance: The price of 292.7 is supported at 276.15 and capped by resistance at 311.0. These levels mark key points for Praj Industries Limited where the price could find stability, with 276.15 as a floor and 311.0 as a ceiling.
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Support/Resistance for PRAJIND


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Praj Industries Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Praj Industries Limited


Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
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Parabolic Stop and Reverse chart for Praj Industries Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Praj Industries Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near.
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Tripple SMA chart for Praj Industries Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.