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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 2024-12-05 View latest technical analysis

10 day averaged volume of Prem Explosives is 94489

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	480.15	496.60	508.60	476.45	5.566 times
04 Wed Dec 2024	484.40	466.95	484.40	459.95	1.174 times
03 Tue Dec 2024	461.35	466.40	471.00	456.35	0.684 times
02 Mon Dec 2024	458.10	470.00	470.00	454.00	0.544 times
29 Fri Nov 2024	461.80	471.70	471.80	455.30	1.125 times
28 Thu Nov 2024	467.55	458.80	471.75	455.00	1.505 times
27 Wed Nov 2024	449.90	429.15	452.00	425.95	0.935 times
26 Tue Nov 2024	431.30	423.65	441.90	423.65	0.71 times
25 Mon Nov 2024	422.40	427.00	430.85	419.00	0.846 times
22 Fri Nov 2024	413.65	402.25	424.00	402.25	1.368 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, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 475.6, but if it comes below 475.6, then a intra day sell could be more profitable.
If you take a sell trade below 475.6, then use 475.6 as stoploss and 450.91 as target. However if you take a buy trade in stock , then use 475.6 as stoploss and 505.1 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	402.25
Downside Target	416.35
Downside Target	438.55
Downside Target	453.00
Downside Target	471.80
Upside Target	508.60
Upside Target	511.55
Upside Target	523.25
Upside Target	549.45
Upside Target	578.80
Upside Target	795.70
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	453.23
Downside Intraday Target	426.32
Upside Intraday Target	507.83
Upside Intraday Target	535.52
Upside Intraday Target	480.92

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	480.15	470.00	508.60	454.00	1.555 times
29 Fri Nov 2024	461.80	427.00	471.80	419.00	1.244 times
22 Fri Nov 2024	413.65	445.00	453.00	402.25	0.782 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

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
05 Thu Dec 2024	480.15	470.00	508.60	454.00	0.355 times
29 Fri Nov 2024	461.80	458.00	511.55	402.25	0.93 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Prem Explosives in short term and BUY 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

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 462.01 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.