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(PPL) Prakash Pipes complete technical analysis [charts+indicators] | Buy/Sell Prakash Pipes | (PPL) share price targets

Complete technical analysis of Prakash Pipes (PPL) by charts plus indicators, forecast predictions and share price targets for Prakash Pipes (PPL)

10 day averaged volume of Prakash Pipes is 54163

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 371.75 370.00 380.00 370.00 1.041 times
20 Mon May 2024 373.75 371.05 378.35 371.05 0.233 times
17 Fri May 2024 371.05 374.40 377.20 368.05 0.826 times
16 Thu May 2024 372.25 374.35 375.45 365.95 0.492 times
15 Wed May 2024 373.40 366.95 380.00 366.95 1.403 times

My analysis of stock is bearish for shortterm, and stock might move down till 362.6 or till 348.1. Use a stoploss of 374.72 and if the stock hits stoploss, then it can shoot up till 386.84

Share price targets for Prakash Pipes (PPL)

Target Type Value
Downside Target 319.80
Downside Target 344.00
Downside Target 370.00
Upside Target 388.00
Upside Target 392.75
Upside Target 395.00
Upside Target 397.35
Upside Target 408.90
Upside Target 412.90
Upside Target 423.00
Upside Target 487.55
Upside Target 493.00

Intraday share price targets for Prakash Pipes (PPL)

Target Type Value
Downside Intraday Target 367.83
Downside Intraday Target 363.92
Upside Intraday Target 377.83
Upside Intraday Target 383.92
Upside Intraday Target 373.92

Weekly technical analysis of Prakash Pipes (PPL)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 371.75 371.05 380.00 370.00 0.216 times
17 Fri May 2024 371.05 366.00 380.00 346.30 0.963 times
10 Fri May 2024 361.15 388.00 388.00 344.00 2.08 times
03 Fri May 2024 381.90 395.00 395.00 378.15 0.667 times
26 Fri Apr 2024 389.10 382.00 408.90 376.35 1.485 times

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

Monthly technical analysis of Prakash Pipes (PPL)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 371.75 392.10 392.75 344.00 0.72 times
30 Tue Apr 2024 388.90 346.00 412.90 345.00 0.695 times
28 Thu Mar 2024 353.10 417.80 423.00 319.80 0.591 times
29 Thu Feb 2024 410.65 445.35 487.55 397.35 0.547 times

Price has moved down 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 Prakash Pipes (PPL)

Indicator Name Indicator Value Indicator Signal
ADX 16, 18, 7 Sell
MACD -9, -11Buy
Stochastics 74Buy
CCI 75Sell
RSI 52Buy
OBV -228831Sell
VWAP 364Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Prakash Pipes ( (PPL) ) 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 Prakash Pipes ( (PPL) ) 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 Prakash Pipes ( (PPL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prakash Pipes stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Prakash Pipes in short term but the buy signal is initial and weak.

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

Prakash Pipes 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prakash Pipes in short term but SELL signal is weak.

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 Prakash Pipes is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 364.07 and Prakash Pipes (PPL) 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 Prakash Pipes (PPL) stock. Volume based technical analysis of Prakash Pipes (PPL) stock is negative.

Prakash Pipes Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

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

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