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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 2024-06-12 View latest technical analysis

10 day averaged volume of Prem Explosives is 160790

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	3296.75	2992.00	3345.45	2985.35	1.715 times
11 Tue Jun 2024	2971.60	3082.00	3099.00	2924.60	1.262 times
10 Mon Jun 2024	2994.45	2634.15	3045.45	2634.10	2.408 times
07 Fri Jun 2024	2583.80	2319.00	2640.10	2286.50	1.031 times
06 Thu Jun 2024	2305.70	2270.00	2365.00	2236.50	0.743 times
05 Wed Jun 2024	2186.00	2340.00	2367.00	2132.00	1.391 times
04 Tue Jun 2024	2368.85	2636.00	2636.00	2368.85	0.623 times
03 Mon Jun 2024	2632.05	2683.25	2688.00	2551.00	0.614 times
31 Fri May 2024	2525.65	2676.00	2676.00	2490.00	0.704 times
30 Thu May 2024	2493.05	2523.15	2682.00	2365.65	1.024 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 3109.2, for a target of 2810.2 or 2561.08

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	2132.00
Downside Target	2365.65
Downside Target	2487.00
Downside Target	2626.00
Downside Target	2682.00
Downside Target	2688.00
Downside Target	2780.00
Upside Target	3345.45

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2838.75
Downside Intraday Target	2380.75
Upside Intraday Target	3550.1
Upside Intraday Target	3803.45
Downside Intraday Target	3092.1

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	3296.75	2634.15	3345.45	2634.10	1.223 times
07 Fri Jun 2024	2583.80	2683.25	2688.00	2132.00	1.631 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

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
12 Wed Jun 2024	3296.75	2683.25	3345.45	2132.00	1.482 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 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 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 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 2731.65 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.