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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 2024-03-27 View latest technical analysis

10 day averaged volume of Prem Explosives is 28423

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	1528.75	1490.00	1567.15	1490.00	1.967 times
26 Tue Mar 2024	1475.25	1497.25	1498.00	1460.00	0.596 times
22 Fri Mar 2024	1481.15	1480.00	1509.55	1465.00	0.889 times
21 Thu Mar 2024	1462.50	1443.25	1475.00	1419.00	0.87 times
20 Wed Mar 2024	1432.30	1388.85	1447.80	1352.00	0.471 times
19 Tue Mar 2024	1379.20	1427.90	1447.80	1355.00	1.485 times
18 Mon Mar 2024	1442.30	1425.00	1473.85	1425.00	0.863 times
15 Fri Mar 2024	1400.65	1419.25	1420.80	1370.00	0.538 times
14 Thu Mar 2024	1414.45	1339.00	1448.00	1320.05	1.057 times
13 Wed Mar 2024	1339.00	1405.00	1496.00	1331.00	1.808 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 1541.7 as stoploss in an intra day sell trade for a target of 1472.3. However, stock will show a bullish move above 1541.7.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1181.25
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1460.00
Upside Target	1546.10
Upside Target	1567.15
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	1470.12
Downside Intraday Target	1411.48
Upside Intraday Target	1577.27
Upside Intraday Target	1625.78
Downside Intraday Target	1518.63

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	1528.75	1497.25	1567.15	1460.00	0.56 times
22 Fri Mar 2024	1481.15	1425.00	1509.55	1352.00	0.736 times
15 Fri Mar 2024	1400.65	1496.80	1496.80	1320.05	0.266 times
07 Thu Mar 2024	1484.20	1562.20	1689.00	1465.00	2.424 times
02 Sat Mar 2024	1554.25	1577.50	1604.00	1474.45	0.766 times

Price has moved up 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
27 Wed Mar 2024	1528.75	1496.95	1689.00	1320.05	0.981 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 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 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 Weak and stock is gaining momentum.

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

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

Prem Explosives Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 1433.27 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 positive

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