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

(PREMEXPLN) Prem Explosives complete technical analysis [charts+indicators] | Buy/Sell Prem Explosives | (PREMEXPLN) share price targets

Complete technical analysis of Prem Explosives (PREMEXPLN) by charts plus indicators, forecast predictions and share price targets for Prem Explosives (PREMEXPLN)

Prem Explosives trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Prem Explosives is 27539

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1584.75	1583.25	1650.00	1580.00	2.715 times
02 Tue Apr 2024	1568.15	1528.25	1596.00	1504.05	1.318 times
01 Mon Apr 2024	1513.10	1536.95	1551.00	1501.00	0.652 times
28 Thu Mar 2024	1521.70	1528.75	1541.65	1500.00	0.659 times
27 Wed Mar 2024	1528.75	1490.00	1567.15	1490.00	2.031 times
26 Tue Mar 2024	1475.25	1497.25	1498.00	1460.00	0.615 times
22 Fri Mar 2024	1481.15	1480.00	1509.55	1465.00	0.918 times
21 Thu Mar 2024	1462.50	1443.25	1475.00	1419.00	0.898 times
20 Wed Mar 2024	1432.30	1388.85	1447.80	1352.00	0.486 times
19 Tue Mar 2024	1379.20	1427.90	1447.80	1355.00	1.533 times

Stock of Prem Explosives (PREMEXPLN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1550.9, but if it comes below 1550.9, then a intra day sell could be more profitable.
If you take a sell trade below 1550.9, then use 1550.9 as stoploss and 1477.43 as target. However if you take a buy trade in stock , then use 1550.9 as stoploss and 1639.1 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1460.00
Downside Target	1496.80
Downside Target	1567.15
Upside Target	1610.00
Upside Target	1650.00
Upside Target	1660.00
Upside Target	1669.00
Upside Target	1689.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1507.17
Downside Intraday Target	1429.58
Upside Intraday Target	1656.17
Upside Intraday Target	1727.58
Downside Intraday Target	1578.58

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1584.75	1536.95	1650.00	1501.00	1.418 times
28 Thu Mar 2024	1521.70	1497.25	1567.15	1460.00	0.699 times
22 Fri Mar 2024	1481.15	1425.00	1509.55	1352.00	0.736 times
15 Fri Mar 2024	1400.65	1496.80	1496.80	1320.05	0.266 times
07 Thu Mar 2024	1484.20	1562.20	1689.00	1465.00	2.424 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 Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1584.75	1536.95	1650.00	1501.00	0.111 times
28 Thu Mar 2024	1521.70	1496.95	1689.00	1320.05	0.997 times
29 Thu Feb 2024	1489.35	1414.25	1610.00	1336.50	0.842 times
31 Wed Jan 2024	1393.40	1588.00	1660.00	1267.00	1.595 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 Prem Explosives (PREMEXPLN)

Price action analysis of Prem Explosives ( (PREMEXPLN) ) 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 Prem Explosives ( (PREMEXPLN) ) 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 Prem Explosives ( (PREMEXPLN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Prem Explosives stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Prem Explosives 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.

Prem Explosives 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 moving up

CCI has generated a buy signal for Prem Explosives in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prem Explosives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1509.88 and Prem Explosives (PREMEXPLN) 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 Prem Explosives (PREMEXPLN) stock. Volume based technical analysis of Prem Explosives (PREMEXPLN) stock is negative.

Prem Explosives 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.