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(PUNJABCHEM) Punjab Chemicals complete technical analysis [charts+indicators] | Buy/Sell Punjab Chemicals | (PUNJABCHEM) share price targets

Complete technical analysis of Punjab Chemicals (PUNJABCHEM) by charts plus indicators, forecast predictions and share price targets for Punjab Chemicals (PUNJABCHEM)

Punjab Chemicals trades in NSE in Agrochemicals sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Punjab Chemicals is 23820

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1025.05	1015.50	1032.45	1012.40	0.37 times
04 Thu Apr 2024	1008.45	1016.05	1029.85	1004.85	0.481 times
03 Wed Apr 2024	1007.00	1003.75	1028.65	998.05	0.737 times
02 Tue Apr 2024	998.75	984.55	1017.35	982.05	0.599 times
01 Mon Apr 2024	980.15	994.95	1020.00	975.00	0.663 times
28 Thu Mar 2024	992.90	952.00	1000.15	952.00	1.283 times
27 Wed Mar 2024	951.75	937.55	969.80	928.40	1.398 times
26 Tue Mar 2024	939.90	958.85	970.00	935.00	1.484 times
22 Fri Mar 2024	958.85	980.80	981.75	954.00	2.34 times
21 Thu Mar 2024	973.80	982.60	1005.45	967.45	0.528 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1018.8, but if it comes below 1018.8, then a intra day sell could be more profitable.
If you take a sell trade below 1018.8, then use 1018.8 as stoploss and 988.26 as target. However if you take a buy trade in stock , then use 1018.8 as stoploss and 1055.5 as target.

Share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Target	899.85
Downside Target	928.40
Downside Target	975.00
Downside Target	1000.15
Upside Target	1055.00
Upside Target	1086.20
Upside Target	1124.00
Upside Target	1155.00
Upside Target	1178.00
Upside Target	1350.00
Upside Target	1391.00

Intraday share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Intraday Target	989.22
Downside Intraday Target	953.38
Upside Intraday Target	1046.67
Upside Intraday Target	1068.28
Downside Intraday Target	1010.83

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1025.05	994.95	1032.45	975.00	0.684 times
28 Thu Mar 2024	992.90	958.85	1000.15	928.40	0.766 times
22 Fri Mar 2024	958.85	979.30	1012.00	950.00	1.238 times
15 Fri Mar 2024	981.75	1055.00	1055.00	899.85	0.617 times
07 Thu Mar 2024	1049.10	1057.05	1155.00	1031.00	3.705 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 Punjab Chemicals (PUNJABCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1025.05	994.95	1032.45	975.00	0.134 times
28 Thu Mar 2024	992.90	1033.35	1155.00	899.85	1.391 times
29 Thu Feb 2024	1052.80	1178.00	1178.00	945.00	1.499 times
31 Wed Jan 2024	1154.40	1340.00	1350.00	1086.20	0.974 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 Punjab Chemicals (PUNJABCHEM)

Price action analysis of Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Punjab Chemicals 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.

Punjab Chemicals 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Punjab Chemicals in short term and BUY 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

Stock of Punjab Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 972.55 and Punjab Chemicals (PUNJABCHEM) 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 Punjab Chemicals (PUNJABCHEM) stock. Volume based technical analysis of Punjab Chemicals (PUNJABCHEM) stock is negative.

Punjab Chemicals Stock is giving positive 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.