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 1304517, out of which 555380 went into delivery, which is 42.57 percent of total volumes

Volumes in the last session was 60742, out of which 44081 went into delivery, which is 72.57 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Prajay Engineers PRAENG intraday stock tips

27 Monday July 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 21.7, but if it comes below 21.7, then a intra day sell could be more profitable.
If you take a sell trade below 21.7, then use 21.7 as stoploss and 20.63 as target. However if you take a buy trade in Prajay Engineers, then use 21.7 as stoploss and 23 as target.

24 Friday July 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.

Although my analysis for Prajay Engineers is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 22.6, for a target of 21.4 or 20.47

23 Thursday July 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.

Although my analysis for Prajay Engineers is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 22.1, for a target of 21.1 or 20.27

22 Wednesday July 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 19.5 as stoploss in an intra day buy trade for a target of 19.98. However, stock will show a bearish move below 19.5.

21 Tuesday July 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 20.6 or till 21.3. Use a stoploss of 20.02 and if this stock hits its stoploss, then it can fall down till 19.45

20 Monday July 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 20.6 or till 21.4. Use a stoploss of 20.01 and if this stock hits its stoploss, then it can fall down till 19.39

17 Friday July Stock tips for Prajay Engineers Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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 19.3 or till 18.5. Use a stoploss of 19.98 and if the stock hits stoploss, then it can shoot up till 20.65

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.

Munafa value: 35

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.

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