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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 2024-12-17 View latest technical analysis

10 day averaged volume of Prem Explosives is 349337

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	559.55	599.70	604.90	550.00	3.299 times
16 Mon Dec 2024	567.60	528.50	567.60	528.00	1.694 times
13 Fri Dec 2024	516.00	470.55	517.10	470.55	3.938 times
12 Thu Dec 2024	470.10	473.45	479.00	459.40	0.276 times
11 Wed Dec 2024	473.10	491.00	491.00	469.00	0.341 times
10 Tue Dec 2024	481.05	493.90	493.90	476.00	0.29 times
09 Mon Dec 2024	489.80	468.60	515.45	468.60	1.102 times
06 Fri Dec 2024	468.60	488.00	488.00	465.90	0.351 times
05 Thu Dec 2024	480.15	496.60	508.60	476.45	1.505 times
04 Wed Dec 2024	484.40	466.95	484.40	459.95	0.317 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 559.4, for a target of 510.6 or 469.99

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	402.25
Downside Target	419.00
Downside Target	453.00
Downside Target	471.80
Downside Target	508.60
Downside Target	528.00
Downside Target	549.45
Upside Target	578.80
Upside Target	604.90
Upside Target	795.70
Upside Target	4240.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	523.4
Downside Intraday Target	487.25
Upside Intraday Target	600.3
Upside Intraday Target	641.05
Upside Intraday Target	564.15

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	559.55	528.50	604.90	528.00	0.839 times
13 Fri Dec 2024	516.00	468.60	517.10	459.40	2.374 times
06 Fri Dec 2024	468.60	470.00	508.60	454.00	1.809 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

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
17 Tue Dec 2024	559.55	470.00	604.90	454.00	2.216 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, 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 522.42 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.