Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-05 View latest technical analysis

10 day averaged volume of Prem Explosives is 105821

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1538.95	1655.80	1665.00	1511.10	0.902 times
04 Mon Mar 2024	1647.40	1562.20	1689.00	1532.85	4.334 times
02 Sat Mar 2024	1554.25	1550.00	1589.80	1509.00	0.071 times
01 Fri Mar 2024	1552.55	1496.95	1568.00	1490.00	0.826 times
29 Thu Feb 2024	1489.35	1496.60	1526.65	1474.45	0.239 times
28 Wed Feb 2024	1489.00	1556.15	1604.00	1480.00	0.631 times
27 Tue Feb 2024	1549.60	1526.10	1573.95	1515.00	0.415 times
26 Mon Feb 2024	1534.00	1577.50	1577.50	1503.00	0.414 times
23 Fri Feb 2024	1579.20	1530.00	1610.00	1515.10	1.62 times
22 Thu Feb 2024	1528.40	1437.30	1540.00	1392.30	1.162 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1556.1 as stoploss in an intra day sell trade for a target of 1486.69. However, stock will show a bullish move above 1556.1.

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
Upside Target	1546.10
Upside Target	1604.00
Upside Target	1610.00
Upside Target	1660.00
Upside Target	1669.00
Upside Target	1689.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1470.37
Downside Intraday Target	1401.78
Upside Intraday Target	1648.27
Upside Intraday Target	1757.58
Upside Intraday Target	1579.68

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1538.95	1562.20	1689.00	1511.10	2.018 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1538.95	1496.95	1689.00	1490.00	0.559 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a BUY signal for Prem Explosives in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Prem Explosives in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1585.52 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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