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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 2024-08-09 View latest technical analysis

10 day averaged volume of Punjab Chemicals is 16120

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1250.60	1220.05	1268.70	1220.05	0.575 times
08 Thu Aug 2024	1221.45	1242.85	1251.45	1216.00	0.277 times
07 Wed Aug 2024	1239.60	1228.00	1255.50	1217.05	0.546 times
06 Tue Aug 2024	1220.60	1247.00	1282.80	1211.00	1.009 times
05 Mon Aug 2024	1219.00	1240.00	1270.45	1202.20	1.971 times
02 Fri Aug 2024	1291.55	1301.00	1318.80	1268.60	1.752 times
01 Thu Aug 2024	1316.95	1362.00	1376.85	1279.55	2.164 times
31 Wed Jul 2024	1346.85	1368.00	1378.95	1328.60	0.74 times
30 Tue Jul 2024	1351.25	1368.00	1380.00	1345.10	0.603 times
29 Mon Jul 2024	1352.05	1393.15	1393.15	1345.55	0.488 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1260.8, but if it comes above 1260.8, then a intra day buy could be more profitable.
If you take a sell trade below 1260.8, then use 1260.8 as stoploss and 1184.5 as target. However if you take a buy trade in stock , then use 1260.8 as stoploss and 1324.45 as target.

Share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Target	975.00
Downside Target	1202.20
Upside Target	1268.60
Upside Target	1314.00
Upside Target	1376.85
Upside Target	1393.15
Upside Target	1410.00
Upside Target	1452.90
Upside Target	1494.95
Upside Target	1575.00

Intraday share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Intraday Target	1207.6
Downside Intraday Target	1164.6
Upside Intraday Target	1288.2
Upside Intraday Target	1325.8
Downside Intraday Target	1245.2

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1250.60	1240.00	1282.80	1202.20	0.762 times
02 Fri Aug 2024	1291.55	1393.15	1393.15	1268.60	1.973 times
26 Fri Jul 2024	1376.00	1310.00	1410.00	1299.50	0.439 times
19 Fri Jul 2024	1328.55	1339.25	1494.95	1314.00	1.376 times
12 Fri Jul 2024	1322.35	1400.00	1452.90	1311.20	0.643 times

Price has moved down 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
09 Fri Aug 2024	1250.60	1362.00	1376.85	1202.20	0.35 times
31 Wed Jul 2024	1346.85	1421.65	1494.95	1299.50	0.394 times
28 Fri Jun 2024	1418.05	1181.10	1575.00	1001.00	2.95 times
31 Fri May 2024	1169.85	1209.00	1209.00	986.00	0.941 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Punjab Chemicals ( (PUNJABCHEM) ) based on a short to mid 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.

Price action analysis of Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Punjab Chemicals in short term and the sell signal is strong.

Punjab Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Punjab Chemicals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1279.25 and Punjab Chemicals (PUNJABCHEM) 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 Punjab Chemicals (PUNJABCHEM) stock. Volume based technical analysis of Punjab Chemicals (PUNJABCHEM) stock is negative.

Punjab Chemicals 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.