Overall Technical outlook

Price Summary

The stock of Praj Industries Limited experienced a -4.46% decrease, showcasing a unimpressive market performance.
Praj Industries Limited's stock started trading at 528.95 on 2025-04-25, climbed to 530.45, fell to 504.0, and closed -4.46% down at 505.35, with 776752 shares traded.
The highest price the stock achieved in the past 52 weeks is 844.6, while the lowest price it saw is 477.3.
The price outlook for PRAJIND is between 740.0 and 801.0, with an average expectation of 767.3333, as estimated by 6 analysts.

Technicals

Support and Resistance: The current price sits at 505.35, supported at 497.65 and capped by resistance at 529.35. These levels define a range for PRAJIND where the price might stabilize, with 497.65 as a floor and 529.35 as a ceiling.
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Support/Resistance for PRAJIND


Aroon: The AROON 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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Aroon chart for Praj Industries Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Praj Industries Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Praj Industries Limited


Parabolic SAR: The PSAR for PRAJIND continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for Praj Industries Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Praj Industries Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for PRAJIND, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent.
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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.