Overall Technical outlook

Price Summary

A 2.78% surge in Praj Industries Limited's stock marked an fantastic day on the market.
Praj Industries Limited's stock opened at 492.25 on 2025-06-13, surged to 509.0, dropped to 492.25, and ended 2.78% higher at 505.95, with 812056 shares traded.
In the past year, the highest stock price was 844.6, and the lowest was 451.5.
According to 6 analysts, the price of PRAJIND in the future is projected to be between 493.0 and 700.0, with an average expected price of 589.0.

Technicals

Support and Resistance: The price of 505.95 is supported at 497.65 and capped by resistance at 529.35. These levels mark key points for Praj Industries Limited where the price could find stability, with 497.65 as a floor and 529.35 as a ceiling.
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Support/Resistance for PRAJIND


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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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.
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Bolinger Bands chart for Praj Industries Limited


Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for PRAJIND. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Praj Industries Limited


Stochastic: The STOCHASTIC is currently in a neutral position for Praj Industries Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Stochastic chart for Praj Industries Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for Praj Industries Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.