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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 2024-10-21 View latest technical analysis

10 day averaged volume of Prem Explosives is 92756

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	500.10	504.05	511.20	495.35	0.739 times
18 Fri Oct 2024	509.70	508.30	520.00	490.20	0.624 times
17 Thu Oct 2024	504.00	516.65	520.00	493.60	0.934 times
16 Wed Oct 2024	516.10	523.90	535.00	511.55	0.737 times
15 Tue Oct 2024	519.90	528.95	529.00	515.00	0.955 times
14 Mon Oct 2024	525.55	533.60	549.45	512.35	1.393 times
11 Fri Oct 2024	524.15	526.00	535.00	517.15	0.979 times
10 Thu Oct 2024	522.95	521.75	530.00	515.00	0.742 times
09 Wed Oct 2024	511.20	501.20	521.75	501.20	1.669 times
08 Tue Oct 2024	496.95	480.00	501.00	465.60	0.754 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 501.1, but if it comes above 501.1, then a intra day buy could be more profitable.
If you take a sell trade below 501.1, then use 501.1 as stoploss and 477.7 as target. However if you take a buy trade in stock , then use 501.1 as stoploss and 520.65 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	465.60
Downside Target	490.20
Upside Target	511.20
Upside Target	523.25
Upside Target	535.00
Upside Target	578.80
Upside Target	795.70
Upside Target	1501.00
Upside Target	2138.40
Upside Target	2682.00
Upside Target	2780.00
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	493.23
Downside Intraday Target	486.37
Upside Intraday Target	509.08
Upside Intraday Target	518.07
Upside Intraday Target	502.22

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	500.10	504.05	511.20	495.35	0.159 times
18 Fri Oct 2024	509.70	533.60	549.45	490.20	0.867 times
11 Fri Oct 2024	524.15	500.20	535.00	465.60	1.483 times
04 Fri Oct 2024	505.05	531.50	540.00	500.00	0.7 times
27 Fri Sep 2024	531.55	523.25	578.80	523.25	1.205 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
21 Mon Oct 2024	500.10	539.95	549.45	465.60	2.195 times
30 Mon Sep 2024	528.70	523.25	578.80	523.25	0.106 times
24 Mon Jun 2024	846.80	2683.25	4240.00	795.70	5.055 times
31 Fri May 2024	2525.65	2440.00	2682.00	2138.40	0.305 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 Prem Explosives ( (PREMEXPLN) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Prem Explosives in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 Prem Explosives in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 514 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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