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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 2024-09-13 View latest technical analysis

10 day averaged volume of Punjab Chemicals is 6224

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	1211.05	1228.50	1245.75	1195.80	2.513 times
12 Thu Sep 2024	1218.00	1258.65	1258.65	1206.90	2.257 times
11 Wed Sep 2024	1258.70	1276.00	1276.00	1248.10	0.657 times
10 Tue Sep 2024	1260.75	1269.60	1275.00	1253.00	0.502 times
09 Mon Sep 2024	1253.95	1268.95	1271.00	1242.00	0.724 times
06 Fri Sep 2024	1273.25	1280.90	1290.95	1254.00	0.698 times
05 Thu Sep 2024	1272.80	1298.50	1305.30	1266.00	0.899 times
04 Wed Sep 2024	1298.05	1301.90	1309.00	1273.10	1.579 times
03 Tue Sep 2024	1300.70	1324.00	1324.00	1296.00	0.386 times
02 Mon Sep 2024	1307.65	1317.00	1337.05	1289.25	0.853 times

Stock of Punjab Chemicals (PUNJABCHEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1234.4, but if it comes above 1234.4, then a intra day buy could be more profitable.
If you take a sell trade below 1234.4, then use 1234.4 as stoploss and 1191.3 as target. However if you take a buy trade in stock , then use 1234.4 as stoploss and 1270.29 as target.

Share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Target	986.00
Downside Target	1180.00
Upside Target	1254.00
Upside Target	1299.50
Upside Target	1337.05
Upside Target	1340.00
Upside Target	1398.85
Upside Target	1494.95
Upside Target	1575.00

Intraday share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Intraday Target	1179.23
Downside Intraday Target	1147.42
Upside Intraday Target	1259.43
Upside Intraday Target	1307.82
Upside Intraday Target	1227.62

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	1211.05	1268.95	1276.00	1195.80	1.507 times
06 Fri Sep 2024	1273.25	1317.00	1337.05	1254.00	0.761 times
30 Fri Aug 2024	1317.00	1300.00	1340.00	1275.00	0.287 times
23 Fri Aug 2024	1304.65	1232.00	1398.85	1201.10	4.69 times
16 Fri Aug 2024	1216.75	1265.00	1265.00	1180.00	0.38 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 Punjab Chemicals (PUNJABCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	1211.05	1317.00	1337.05	1195.80	0.214 times
30 Fri Aug 2024	1317.00	1362.00	1398.85	1180.00	0.844 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

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 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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 Punjab Chemicals in short term and SELL 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

Although the stock is in the SELL zone, but selling 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 1252.28 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.