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Price and trend forecast of PRAKASH for Tomorrow, Weekly, Monthly

Prakash Industries Limited

Symbol: NSE:PRAKASH

ISIN: INE603A01013

159.39

As on 2025-06-18

132.51 (52W Low) 237.00 (52W High)

PRAKASH's Today's Performance

Prakash Industries Limited started the day by opening at 159.10 today 2025-06-18. Its shares reached a high of 163.55 and dipped to a low of 157.55 in intraday. When the markets closed, PRAKASH’s stock price settled at ₹159.39 per share. Also check out its key support and resistance levels.

PRAKASH Buy/Sell Targets

Tomorrow, sell PRAKASH when its price reaches ₹ 159.39 with a stop-loss order at ₹ 162.27. You can set the target price as ₹ 156.52 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of PRAKASH for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for PRAKASH

Downside Targets Value in ₹
Tomorrow Down Target 1 163
Tomorrow Down Target 2 166
Tomorrow Down Target 3 169

Important Levels for PRAKASH

Holding Levels Value in ₹
Tomorrow Up Target 1 157
Tomorrow Up Target 2 154
Tomorrow Up Target 3 151
Based on where the stock opens tomorrow, if PRAKASH opens on a positive note, our first target will be ₹163. If Target 1 is achieved, we will aim for Target 2 which is ₹166.

But if PRAKASH falls below the average value of ₹160.16, you can enter a sell side position with target number 1 - ₹157 and second target - ₹154 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of PRAKASH

Looking at PRAKASH, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, PRAKASH has been on a Downward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for PRAKASH is moderate bearish.

Tomorrow's Volume based share price Forecast for PRAKASH

PRAKASH's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is -2%.

Reversal detection for PRAKASH

Predicted trend chart of PRAKASH tomorrow for price forecast
PRAKASH may trend may continue to be bearish since stock is making lower low and we can get target of ₹161 in morning tomorrow
Target 1 tomorrow162
Target 2 tomorrow164
Target 3 tomorrow166
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with PRAKASH's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if PRAKASH opens on a positive note, our first target will be ₹162.78. If Target 1 is achieved, we will aim for Target 2 which is ₹166.16.

But if PRAKASH falls below the average value of ₹160.16, you can enter a sell side position with target number 1 - ₹156.78 and second target - ₹154.16

PRAKASH's Weekly Targets
1st Up Target 164.01
2nd Up Target 168.63
1st Down Target 156.16
2nd Down Target 152.93

As the week for PRAKASH ended on bearish sentiments, we can expect further continuation of this sentiment. PRAKASH's initial target will be 164.01 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 156.16 in the upcoming week.

Weekly OHLC Values
Open 164.85
High 165.40
Low 157.55
Close 159.39

Week for PRAKASH started with an open price of 164.85, and the close was at 159.39. PRAKASH reached the highest of 165.40 and dipped lowest up to 157.55 last week. This indicates a bearish sentiment for the week.

PRAKASH full month swing targets
Monthly Up Target 1 171.86
Monthly Up Target 2 176.48
Monthly Down Target 1 148.31
Monthly Down Target 2 137.23

Targets of ₹171.86 can be expected to be reached in the coming month. Once PRAKASH achieved this target, we can aim for the next upside target of ₹176.48.

PRAKASH if fails to hold upside, down targets of ₹148.31 and ₹137.23 can be achieved by end of this month.

For complete three weeks if PRAKASH is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

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Summary

PRAKASH is expected to reach the target of 162.78 in tomorrow's trading session.

After achieving the initial target in PRAKASH, we will aim for higher targets of 166.16 tomorrow.

However, if PRAKASH starts to trade below ₹160.16, then we will shift our focus to the sell side and aim for down targets of 156.78 and 154.16.