Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-10 View latest technical analysis

10 day averaged volume of Punjab Chemicals is 18761

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1044.55	1019.50	1050.30	1009.05	0.729 times
09 Tue Apr 2024	1012.40	1031.10	1034.45	1010.10	0.183 times
08 Mon Apr 2024	1024.40	1038.00	1040.00	1016.80	0.911 times
05 Fri Apr 2024	1025.05	1015.50	1032.45	1012.40	0.47 times
04 Thu Apr 2024	1008.45	1016.05	1029.85	1004.85	0.611 times
03 Wed Apr 2024	1007.00	1003.75	1028.65	998.05	0.935 times
02 Tue Apr 2024	998.75	984.55	1017.35	982.05	0.76 times
01 Mon Apr 2024	980.15	994.95	1020.00	975.00	0.841 times
28 Thu Mar 2024	992.90	952.00	1000.15	952.00	1.629 times
27 Wed Mar 2024	951.75	937.55	969.80	928.40	1.775 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 1049.2, for a target of 1015.3 or 987.03

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
Downside Target	1032.45
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	1018.97
Downside Intraday Target	993.38
Upside Intraday Target	1060.22
Upside Intraday Target	1075.88
Downside Intraday Target	1034.63

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1044.55	1038.00	1050.30	1009.05	0.504 times
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

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
10 Wed Apr 2024	1044.55	994.95	1050.30	975.00	0.201 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 but selling is losing 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 996.11 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.