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(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 2024-04-04 View latest technical analysis

10 day averaged volume of Prem Explosives is 32565

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1596.25	1595.00	1643.00	1560.10	1.059 times
03 Wed Apr 2024	1584.75	1583.25	1650.00	1580.00	2.296 times
02 Tue Apr 2024	1568.15	1528.25	1596.00	1504.05	1.115 times
01 Mon Apr 2024	1513.10	1536.95	1551.00	1501.00	0.552 times
28 Thu Mar 2024	1521.70	1528.75	1541.65	1500.00	0.557 times
27 Wed Mar 2024	1528.75	1490.00	1567.15	1490.00	1.717 times
26 Tue Mar 2024	1475.25	1497.25	1498.00	1460.00	0.52 times
22 Fri Mar 2024	1481.15	1480.00	1509.55	1465.00	0.776 times
21 Thu Mar 2024	1462.50	1443.25	1475.00	1419.00	0.759 times
20 Wed Mar 2024	1432.30	1388.85	1447.80	1352.00	0.411 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 1625, for a target of 1543.1 or 1474.87

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	1514.83
Downside Intraday Target	1433.42
Upside Intraday Target	1663.83
Upside Intraday Target	1731.42
Downside Intraday Target	1582.42

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1596.25	1536.95	1650.00	1501.00	1.797 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1596.25	1536.95	1650.00	1501.00	0.141 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 losing 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Prem Explosives 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 Prem Explosives is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1536.61 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.