Praj Industries Technical Analysis

Praj Industries Ltd Technical Analysis

Praj Industries Ltd technical analysis is gaining attention among traders and investors tracking Praj Industries Ltd Technical Analysis trends in the Indian stock market. Praj Industries Ltd (NSE: PRAJIND, BSE: 522205) is currently trading at ₹408.35, showing a 1.92% move as of Sat, May 09, 2026.

This detailed Praj Industries Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Praj Industries Ltd Stock Overview

Praj Industries Ltd operates in the Industrial services sector under the Engineering & construction industry. With a market capitalization of ₹73.74B and a PE ratio of 144.21, Praj Industries Ltd remains a key stock to watch in Praj Industries Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹73.74B
• PE Ratio: 144.21
• Dividend Yield: 1.50
• Sector: Industrial services
• Industry: Engineering & construction

These fundamentals play an important role in Praj Industries Ltd technical analysis and valuation tracking.

Praj Industries Ltd Support and Resistance Levels

Classic Pivot Levels

In Praj Industries Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 605.13
• Resistance 2: 494.78
• Resistance 1: 451.57
• Pivot Point: 384.43
• Support 1: 341.22
• Support 2: 274.08
• Support 3: 163.73

Conditional Insight

Praj Industries Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 341.22 and 274.08.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Praj Industries Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 494.78
• Fibonacci R2: 452.63
• Fibonacci R1: 426.59
• Fibonacci Pivot: 384.43
• Fibonacci S1: 342.28
• Fibonacci S2: 316.24
• Fibonacci S3: 274.08

Praj Industries Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Praj Industries Ltd Moving Average Analysis

Moving averages are key indicators in Praj Industries Ltd technical analysis for identifying trend direction.

• 10 EMA: 399.60
• 20 EMA: 384.19
• 30 EMA: 371.41
• 50 EMA: 355.29
• 100 EMA: 345.59
• 200 EMA: 373.30

Trend Logic

Praj Industries Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Praj Industries Ltd technical analysis remains positive above 200 EMA.

Praj Industries Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 66.03
• MACD: 20.52
• Signal: 20.58
• ADX: 42.95
• Momentum: -6.60

RSI Logic

Praj Industries Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Praj Industries Ltd technical analysis indicates bearish momentum with MACD below signal line.

Praj Industries Ltd Overall Recommendation

• Overall Recommendation Score: 0.24
• Moving Average Recommendation: 0.67
• Other Indicators Recommendation: -0.18

Overall Praj Industries Ltd technical analysis sentiment remains neutral with mixed signals.

Praj Industries Ltd Technical Analysis Conclusion

Praj Industries Ltd technical analysis suggests that traders should closely monitor price action around ₹408.35 and key pivot level 384.43. Breakouts above resistance or breakdown below support will define the next trend in Praj Industries Ltd technical analysis.

Investors searching for Praj Industries Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Praj Industries Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.