PRAKASH technical summary

At ₹112.28, Prakash Industries Ltd is trading 7.3% below its 50-day average of ₹121.11 and 13.9% below its 200-day average of ₹130.37. The 14-day RSI is 41.8, in the neutral range between 30 and 70. MACD is -2.19 against a signal line of -1.70, so the MACD line sits below its signal line. ADX(14) reads 11.3, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹110.02 to ₹172.9, with the price 4% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹114.45, resistance ₹116.9 and ₹117.83, support ₹113.52 and ₹111.07.