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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 2024-11-08 View latest technical analysis

10 day averaged volume of Prem Explosives is 108705

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	475.35	511.00	511.55	474.95	2.513 times
07 Thu Nov 2024	499.95	499.95	499.95	490.80	1.196 times
06 Wed Nov 2024	476.15	475.00	476.15	465.30	0.453 times
05 Tue Nov 2024	453.50	445.00	462.35	438.55	1.269 times
04 Mon Nov 2024	445.55	477.80	483.00	444.05	1.013 times
01 Fri Nov 2024	467.40	458.00	471.00	452.70	0.444 times
31 Thu Oct 2024	451.30	432.50	452.90	432.50	0.674 times
30 Wed Oct 2024	445.40	446.05	462.30	433.30	1.202 times
29 Tue Oct 2024	448.70	443.95	458.00	420.10	0.921 times
28 Mon Oct 2024	436.50	424.05	447.00	406.25	0.95 times

Stock of Prem Explosives (PREMEXPLN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 504.2 or till 540. Use a stoploss of 474.3 and if this stock hits its stoploss, then it can fall down till 444.44

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	406.25
Downside Target	426.05
Downside Target	438.55
Downside Target	465.60
Upside Target	490.20
Upside Target	511.20
Upside Target	523.25
Upside Target	535.00
Upside Target	549.45
Upside Target	578.80
Upside Target	795.70
Upside Target	2138.40
Upside Target	2682.00
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	438.75
Downside Intraday Target	402.15
Upside Intraday Target	511.75
Upside Intraday Target	548.15
Downside Intraday Target	475.15

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	475.35	477.80	511.55	438.55	1.538 times
01 Fri Nov 2024	467.40	424.05	471.00	406.25	0.654 times
25 Fri Oct 2024	426.15	504.05	511.20	426.05	1.618 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

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
08 Fri Nov 2024	475.35	458.00	511.55	438.55	0.329 times
31 Thu Oct 2024	451.30	539.95	549.45	406.25	4.023 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

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 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 gaining 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 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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 461.68 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 negative.

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