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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.

10 day averaged volume of Punjab Chemicals is 14804

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	1231.30	1255.00	1281.60	1220.00	0.647 times
04 Mon Dec 2023	1265.80	1255.00	1280.00	1226.85	1.288 times
01 Fri Dec 2023	1240.30	1250.00	1250.00	1212.00	0.584 times
30 Thu Nov 2023	1239.50	1190.10	1295.00	1190.10	3.915 times
29 Wed Nov 2023	1205.95	1147.00	1212.00	1147.00	0.963 times
28 Tue Nov 2023	1163.35	1184.50	1184.50	1140.50	0.682 times
24 Fri Nov 2023	1169.90	1170.00	1186.30	1157.70	0.294 times
23 Thu Nov 2023	1166.65	1140.00	1180.00	1140.00	0.527 times
22 Wed Nov 2023	1148.50	1159.95	1170.55	1140.00	0.376 times
21 Tue Nov 2023	1156.10	1129.00	1161.95	1115.00	0.657 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1213.3, but if it comes below 1213.3, then a intra day sell could be more profitable.
If you take a sell trade below 1213.3, then use 1213.3 as stoploss and 1166.72 as target. However if you take a buy trade in stock , then use 1213.3 as stoploss and 1269.3 as target.

Share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Target	880.25
Downside Target	971.00
Downside Target	1042.50
Downside Target	1089.00
Downside Target	1113.00
Downside Target	1140.50
Downside Target	1186.30
Downside Target	1212.00
Upside Target	1232.95
Upside Target	1281.60
Upside Target	1295.00
Upside Target	1311.95

Intraday share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Intraday Target	1207
Downside Intraday Target	1182.7
Upside Intraday Target	1268.6
Upside Intraday Target	1305.9
Upside Intraday Target	1244.3

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	1231.30	1255.00	1281.60	1220.00	0.315 times
01 Fri Dec 2023	1240.30	1184.50	1295.00	1140.50	2.394 times
24 Fri Nov 2023	1169.90	1104.60	1186.30	1089.00	0.78 times
17 Fri Nov 2023	1104.60	1134.80	1159.00	1091.00	0.998 times
10 Fri Nov 2023	1134.80	1216.75	1231.95	1113.00	0.21 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
05 Tue Dec 2023	1231.30	1250.00	1281.60	1212.00	0.144 times
30 Thu Nov 2023	1239.50	1250.00	1295.00	1089.00	0.332 times
31 Tue Oct 2023	1261.70	1095.45	1311.95	971.00	1.269 times
29 Fri Sep 2023	1106.60	1175.00	1188.00	1042.50	0.334 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Punjab Chemicals in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 1219.06 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.