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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 2024-03-02 View latest technical analysis

10 day averaged volume of Prem Explosives is 62579

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1554.25	1550.00	1589.80	1509.00	0.12 times
01 Fri Mar 2024	1552.55	1496.95	1568.00	1490.00	1.396 times
29 Thu Feb 2024	1489.35	1496.60	1526.65	1474.45	0.405 times
28 Wed Feb 2024	1489.00	1556.15	1604.00	1480.00	1.066 times
27 Tue Feb 2024	1549.60	1526.10	1573.95	1515.00	0.702 times
26 Mon Feb 2024	1534.00	1577.50	1577.50	1503.00	0.7 times
23 Fri Feb 2024	1579.20	1530.00	1610.00	1515.10	2.74 times
22 Thu Feb 2024	1528.40	1437.30	1540.00	1392.30	1.965 times
21 Wed Feb 2024	1430.15	1438.00	1494.45	1420.00	0.487 times
20 Tue Feb 2024	1433.35	1454.90	1454.90	1414.05	0.266 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1529.4, but if it comes below 1529.4, then a intra day sell could be more profitable.
If you take a sell trade below 1529.4, then use 1529.4 as stoploss and 1465.62 as target. However if you take a buy trade in stock , then use 1529.4 as stoploss and 1606 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1336.50
Downside Target	1436.00
Downside Target	1474.45
Downside Target	1546.10
Upside Target	1589.80
Upside Target	1604.00
Upside Target	1610.00
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1484.47
Downside Intraday Target	1414.68
Upside Intraday Target	1614.02
Upside Intraday Target	1673.78
Downside Intraday Target	1544.23

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1554.25	1577.50	1604.00	1474.45	0.766 times
23 Fri Feb 2024	1579.20	1472.95	1610.00	1392.30	1.237 times
16 Fri Feb 2024	1472.65	1427.00	1503.00	1367.90	1.319 times
09 Fri Feb 2024	1402.05	1413.30	1436.00	1352.35	0.879 times
02 Fri Feb 2024	1402.85	1479.00	1482.80	1336.50	0.396 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
02 Sat Mar 2024	1554.25	1496.95	1589.80	1490.00	0.082 times
29 Thu Feb 2024	1489.35	1414.25	1610.00	1336.50	0.842 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Prem Explosives in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prem Explosives in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1534.89 and Prem Explosives (PREMEXPLN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.