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Lovlina Borgohain will be in action in the gold-medal bout while India take on South Korea in men's hockey semifinals.
Vithya Ramraj and Praveen Chithravel picked up bronze in women's 400m hurdles and men's triple jump, respectively.
Lovlina also qualified for next year's Paris Olympics.
Sourav Ghosal as well as the mixed doubles pairs of Anahat Singh and Abhay Singh and Dipika Pallikal-Harindar Pal Singh Sidhu advanced to the semifinals.
Jyothi Surekha Vennam also advanced into the women's individual final at the expense of world champion Aditi Swami, as the compound archers led India's charge at the continental showpiece.
The Indian duo finished with a timing of 3:53.329 seconds to bag the third place and the country's only second medal in the event in Asian Games history.
World no. 7 Prannoy, who missed the men's team championships final against China due to a back injury, dished out a clinical performance.
Kerala's Abdulla Aboobacker will be in action in the triple jump final.
The Thrissur native breached her personal best twice and leapt 6.63 metres to bag the second spot behind Shiqi Xiong of China, who jumped 6.73 metres to claim gold.
The city was suffused with red as countless five-star red flags were put up along its main roads and important buildings.