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(PREMEXPLN) Prem Explosives complete technical analysis [charts+indicators] | Buy/Sell Prem Explosives | (PREMEXPLN) share price targets

Complete technical analysis of Prem Explosives (PREMEXPLN) by charts plus indicators, forecast predictions and share price targets for Prem Explosives (PREMEXPLN)

Prem Explosives trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-02-06 View latest technical analysis

10 day averaged volume of Prem Explosives is 92921

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1363.95	1391.40	1391.40	1353.00	0.361 times
05 Mon Feb 2024	1384.40	1413.30	1415.00	1352.35	0.502 times
02 Fri Feb 2024	1402.85	1364.75	1450.00	1350.90	0.528 times
01 Thu Feb 2024	1347.65	1414.25	1427.00	1336.50	0.695 times
31 Wed Jan 2024	1393.40	1459.85	1459.85	1387.05	0.479 times
30 Tue Jan 2024	1438.30	1469.25	1472.15	1420.10	0.386 times
29 Mon Jan 2024	1449.70	1479.00	1482.80	1420.00	0.604 times
25 Thu Jan 2024	1429.35	1374.00	1449.95	1267.00	2.871 times
24 Wed Jan 2024	1383.90	1540.00	1546.00	1383.15	3.451 times
23 Tue Jan 2024	1536.80	1590.40	1590.40	1526.05	0.272 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1404, but if it comes above 1404, then a intra day buy could be more profitable.
If you take a sell trade below 1404, then use 1404 as stoploss and 1296.3 as target. However if you take a buy trade in stock , then use 1404 as stoploss and 1493.74 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	943.15
Downside Target	1094.00
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1336.50
Upside Target	1415.00
Upside Target	1450.00
Upside Target	1482.80
Upside Target	1546.10
Upside Target	1590.40
Upside Target	1620.00
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1339.2
Downside Intraday Target	1314.45
Upside Intraday Target	1401.85
Upside Intraday Target	1439.75
Upside Intraday Target	1377.1

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1363.95	1413.30	1415.00	1352.35	0.321 times
02 Fri Feb 2024	1402.85	1479.00	1482.80	1336.50	0.396 times
25 Thu Jan 2024	1429.35	1580.00	1590.40	1267.00	3.331 times
19 Fri Jan 2024	1570.00	1598.00	1620.00	1525.50	0.676 times
12 Fri Jan 2024	1591.05	1587.10	1660.00	1511.00	2.015 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1363.95	1414.25	1450.00	1336.50	0.141 times
31 Wed Jan 2024	1393.40	1588.00	1660.00	1267.00	1.595 times
29 Fri Dec 2023	1588.00	1444.00	1669.00	1376.65	0.995 times
30 Thu Nov 2023	1424.10	1240.55	1546.10	1181.25	0.475 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prem Explosives (PREMEXPLN)

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prem Explosives stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Prem Explosives in short term and the sell signal is strong.

Prem Explosives Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prem Explosives in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Prem Explosives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1405.11 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Prem Explosives (PREMEXPLN) stock. Volume based technical analysis of Prem Explosives (PREMEXPLN) stock is negative.

Prem Explosives Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.