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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 2024-06-03 View latest technical analysis

10 day averaged volume of Prem Explosives is 65183

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2632.05	2683.25	2688.00	2551.00	1.514 times
31 Fri May 2024	2525.65	2676.00	2676.00	2490.00	1.738 times
30 Thu May 2024	2493.05	2523.15	2682.00	2365.65	2.525 times
29 Wed May 2024	2523.15	2536.25	2577.50	2501.00	0.493 times
28 Tue May 2024	2517.45	2627.00	2638.95	2489.00	0.741 times
27 Mon May 2024	2593.25	2540.00	2636.00	2535.00	1.161 times
24 Fri May 2024	2543.70	2478.00	2626.00	2397.15	1.314 times
23 Thu May 2024	2469.80	2465.00	2497.00	2428.00	0.38 times
22 Wed May 2024	2448.05	2519.00	2525.00	2394.00	0.553 times
21 Tue May 2024	2490.65	2524.00	2541.00	2465.00	0.8 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2682.2, for a target of 2544.8 or 2430.23

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1320.05
Downside Target	1501.00
Downside Target	1610.00
Downside Target	1689.00
Downside Target	2138.40
Downside Target	2365.65
Downside Target	2452.25
Downside Target	2551.00
Downside Target	2626.00
Upside Target	2682.00
Upside Target	2688.00
Upside Target	2780.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2559.37
Downside Intraday Target	2486.68
Upside Intraday Target	2696.37
Upside Intraday Target	2760.68
Downside Intraday Target	2623.68

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2632.05	2683.25	2688.00	2551.00	0.227 times
31 Fri May 2024	2525.65	2540.00	2682.00	2365.65	2.185 times
24 Fri May 2024	2543.70	2524.00	2626.00	2394.00	1.309 times
18 Sat May 2024	2477.60	2250.00	2487.00	2150.00	0.816 times
10 Fri May 2024	2230.80	2445.00	2452.25	2138.40	0.822 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
03 Mon Jun 2024	2632.05	2683.25	2688.00	2551.00	0.093 times
31 Fri May 2024	2525.65	2440.00	2682.00	2138.40	0.305 times
30 Tue Apr 2024	2439.65	1536.95	2780.00	1501.00	3.002 times
28 Thu Mar 2024	1521.70	1496.95	1689.00	1320.05	0.997 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

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 SELL signal for Prem Explosives in short term but the sell 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 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 BUY signal in short term and the buying is gaining 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 2532.92 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.