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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 2024-05-02 View latest technical analysis

10 day averaged volume of Prem Explosives is 184957

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	2491.15	2440.00	2515.05	2433.00	0.225 times
30 Tue Apr 2024	2439.65	2573.25	2573.25	2400.00	0.336 times
29 Mon Apr 2024	2550.85	2724.00	2780.00	2497.30	0.391 times
26 Fri Apr 2024	2620.05	2530.05	2727.70	2530.05	0.693 times
25 Thu Apr 2024	2503.35	2441.95	2524.00	2370.85	0.726 times
24 Wed Apr 2024	2394.80	2398.60	2442.00	2310.00	0.532 times
23 Tue Apr 2024	2382.90	2549.85	2569.00	2312.20	0.923 times
22 Mon Apr 2024	2498.10	2183.80	2502.80	2165.00	3.556 times
19 Fri Apr 2024	2085.70	2010.05	2125.00	1961.50	1.95 times
18 Thu Apr 2024	2019.80	1960.15	2050.00	1941.15	0.564 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2445.2, but if it comes below 2445.2, then a intra day sell could be more profitable.
If you take a sell trade below 2445.2, then use 2445.2 as stoploss and 2084.75 as target. However if you take a buy trade in stock , then use 2445.2 as stoploss and 2877.6 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	1267.00
Downside Target	1320.05
Downside Target	1501.00
Downside Target	1596.25
Downside Target	1660.00
Downside Target	1832.40
Downside Target	2004.80
Downside Target	2125.00
Downside Target	2400.00
Downside Target	2433.00
Upside Target	2515.05
Upside Target	2727.70
Upside Target	2780.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	2334.1
Downside Intraday Target	2177.05
Upside Intraday Target	2714.1
Upside Intraday Target	2937.05
Upside Intraday Target	2557.05

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	2491.15	2724.00	2780.00	2400.00	0.148 times
26 Fri Apr 2024	2620.05	2183.80	2727.70	2165.00	1.666 times
19 Fri Apr 2024	2085.70	1877.35	2125.00	1832.40	0.594 times
12 Fri Apr 2024	1896.35	1616.00	2004.80	1596.25	5.023 times
05 Fri Apr 2024	1593.90	1536.95	1676.95	1501.00	2.628 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 Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	2491.15	2440.00	2515.05	2433.00	0.012 times
30 Tue Apr 2024	2439.65	1536.95	2780.00	1501.00	3.002 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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.

Prem Explosives Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 2382.15 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.