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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 2024-11-18 View latest technical analysis

10 day averaged volume of Prem Explosives is 124641

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	433.35	445.00	453.00	420.80	0.764 times
14 Thu Nov 2024	431.90	423.75	437.90	416.35	0.645 times
13 Wed Nov 2024	424.45	438.80	443.35	423.20	1.005 times
12 Tue Nov 2024	445.45	440.60	456.25	434.85	1.789 times
11 Mon Nov 2024	457.70	479.90	479.90	455.15	0.554 times
08 Fri Nov 2024	475.35	511.00	511.55	474.95	2.191 times
07 Thu Nov 2024	499.95	499.95	499.95	490.80	1.043 times
06 Wed Nov 2024	476.15	475.00	476.15	465.30	0.395 times
05 Tue Nov 2024	453.50	445.00	462.35	438.55	1.107 times
04 Mon Nov 2024	445.55	477.80	483.00	444.05	0.884 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 434, but if it comes above 434, then a intra day buy could be more profitable.
If you take a sell trade below 434, then use 434 as stoploss and 408.5 as target. However if you take a buy trade in stock , then use 434 as stoploss and 455.18 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	406.25
Downside Target	416.35
Upside Target	438.55
Upside Target	453.00
Upside Target	471.00
Upside Target	511.20
Upside Target	523.25
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	418.43
Downside Intraday Target	403.52
Upside Intraday Target	450.63
Upside Intraday Target	467.92
Upside Intraday Target	435.72

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	433.35	445.00	453.00	420.80	0.191 times
14 Thu Nov 2024	431.90	479.90	479.90	416.35	0.71 times
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

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
18 Mon Nov 2024	433.35	458.00	511.55	416.35	0.589 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 down 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prem Explosives in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 456.17 and Prem Explosives (PREMEXPLN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.