Munafa Prajay Engineers Syndicate Limited (PRAENG) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Prajay Engineers Syndicate Limited (PRAENG) Indicator analysis

Prajay Engineers Syndicate Limited stock tips (delivery Volume analysis)

Total 5 day volume for Prajay Engineers Syndicate Limited is 520988, out of which 391116 went into delivery, which is 75.07 percent of total volumes

Volumes in the last session was 64641, out of which 51866 went into delivery, which is 80.24 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Prajay Engineers PRAENG intraday stock tips

30 Wednesday September Stock tips for Prajay Engineers Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.9 as stoploss in an intra day buy trade for a target of 22.13. However, stock will show a bearish move below 20.9.

29 Tuesday September Stock tips for Prajay Engineers Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bearish for shortterm, and stock might move down till 21 or till 19.5. Use a stoploss of 22.23 and if the stock hits stoploss, then it can shoot up till 23.46

28 Monday September Stock tips for Prajay Engineers (PRAENG) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bullish for shortterm, and stock might move up till 23.5 or till 25. Use a stoploss of 22.28 and if this stock hits its stoploss, then it can fall down till 21.04

25 Friday September Stock tips for Prajay Engineers (PRAENG) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Prajay Engineers stays above 23.6, but if it comes below 23.6, then a intra day sell could be more profitable.
If you take a sell trade below 23.6, then use 23.6 as stoploss and 22.22 as target. However if you take a buy trade in Prajay Engineers, then use 23.6 as stoploss and 25.2 as target.

24 Thursday September Stock tips for Prajay Engineers (PRAENG) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.5 as stoploss in an intra day sell trade for a target of 22.06. However, stock will show a bullish move above 23.5.

23 Wednesday September Stock tips for Prajay Engineers Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bearish for shortterm, and stock might move down till 20.4 or till 18.4. Use a stoploss of 21.98 and if the stock hits stoploss, then it can shoot up till 23.61

22 Tuesday September Stock tips for Prajay Engineers Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Prajay Engineers PRAENG gave a large move recently.

My analysis of Prajay Engineers is bearish for shortterm, and stock might move down till 20.2 or till 18.1. Use a stoploss of 22.04 and if the stock hits stoploss, then it can shoot up till 23.85

Prajay Engineers PRAENG tips for tomorrow

Tomorrow's movement Prediction of Prajay Engineers PRAENG appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Prajay Engineers PRAENG is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 22.2

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Share on: WhatsApp Facebook Tweet

Hindi Video Correct Way Of Fundamental Analysis Using EPS And PE - MunafaSutra

English Video Unique Way To Perfect Your Candle Stick Technical Analysis