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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 2024-06-21 View latest technical analysis

10 day averaged volume of Prem Explosives is 247788

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	891.35	843.00	908.80	795.70	8.359 times
20 Thu Jun 2024	4130.90	4199.95	4240.00	3809.75	1.184 times
19 Wed Jun 2024	4126.20	4020.00	4177.00	3870.00	1.43 times
18 Tue Jun 2024	3868.85	3634.00	3882.35	3634.00	1.497 times
14 Fri Jun 2024	3529.45	3546.10	3660.00	3440.00	0.529 times
13 Thu Jun 2024	3512.45	3409.05	3557.40	3409.05	0.715 times
12 Wed Jun 2024	3296.75	2992.00	3345.45	2985.35	1.113 times
11 Tue Jun 2024	2971.60	3082.00	3099.00	2924.60	0.819 times
10 Mon Jun 2024	2994.45	2634.15	3045.45	2634.10	1.563 times
07 Fri Jun 2024	2583.80	2319.00	2640.10	2286.50	0.669 times

Stock of Prem Explosives (PREMEXPLN) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1200.5, for a target of 2089.2 or 2829.73

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	795.70
Upside Target	1320.05
Upside Target	1501.00
Upside Target	1610.00
Upside Target	1689.00
Upside Target	2132.00
Upside Target	2365.65
Upside Target	2626.00
Upside Target	2682.00
Upside Target	2688.00
Upside Target	2780.00
Upside Target	3660.00
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	-288.63
Downside Intraday Target	-1468.62
Upside Intraday Target	3155.67
Upside Intraday Target	5419.98
Upside Intraday Target	1975.68

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	891.35	3634.00	4240.00	795.70	2.632 times
14 Fri Jun 2024	3529.45	2634.15	3660.00	2634.10	1.659 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

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
21 Fri Jun 2024	891.35	2683.25	4240.00	795.70	4.681 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 down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Strong and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prem Explosives in short term and SELL signal is strong!

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 2289 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.