Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-18 View latest technical analysis

10 day averaged volume of Prem Explosives is 458130

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	543.40	568.00	581.85	537.50	0.895 times
17 Tue Dec 2024	559.55	599.70	604.90	550.00	2.516 times
16 Mon Dec 2024	567.60	528.50	567.60	528.00	1.292 times
13 Fri Dec 2024	516.00	470.55	517.10	470.55	3.003 times
12 Thu Dec 2024	470.10	473.45	479.00	459.40	0.211 times
11 Wed Dec 2024	473.10	491.00	491.00	469.00	0.26 times
10 Tue Dec 2024	481.05	493.90	493.90	476.00	0.222 times
09 Mon Dec 2024	489.80	468.60	515.45	468.60	0.84 times
06 Fri Dec 2024	468.60	488.00	488.00	465.90	0.268 times
05 Thu Dec 2024	480.15	496.60	508.60	476.45	1.148 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 518.2, but if it comes below 518.2, then a intra day sell could be more profitable.
If you take a sell trade below 518.2, then use 518.2 as stoploss and 475.53 as target. However if you take a buy trade in stock , then use 518.2 as stoploss and 569.4 as target.

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
Upside 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	512.63
Downside Intraday Target	481.87
Upside Intraday Target	589.53
Upside Intraday Target	635.67
Upside Intraday Target	558.77

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	543.40	528.50	604.90	528.00	1.037 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
18 Wed Dec 2024	543.40	470.00	604.90	454.00	2.409 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Prem Explosives stock for short term is BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 525.04 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.