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(PUNJABCHEM) Punjab Chemicals complete technical analysis [charts+indicators] | Buy/Sell Punjab Chemicals | (PUNJABCHEM) share price targets

Complete technical analysis of Punjab Chemicals (PUNJABCHEM) by charts plus indicators, forecast predictions and share price targets for Punjab Chemicals (PUNJABCHEM)

Punjab Chemicals trades in NSE in Agrochemicals sector.

10 day averaged volume of Punjab Chemicals is 21389

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1100.10	1122.00	1140.00	1095.00	0.888 times
22 Mon Apr 2024	1114.20	1103.90	1138.80	1103.35	0.654 times
19 Fri Apr 2024	1103.35	1088.00	1124.40	1074.25	0.526 times
18 Thu Apr 2024	1080.45	1094.00	1109.90	1077.95	0.244 times
16 Tue Apr 2024	1083.70	1080.00	1110.00	1077.00	0.455 times
15 Mon Apr 2024	1080.55	1123.65	1123.65	1050.00	0.888 times
12 Fri Apr 2024	1127.65	1040.00	1180.30	1040.00	5.222 times
10 Wed Apr 2024	1044.55	1019.50	1050.30	1009.05	0.64 times
09 Tue Apr 2024	1012.40	1031.10	1034.45	1010.10	0.16 times
08 Mon Apr 2024	1024.40	1038.00	1040.00	1016.80	0.799 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1086.9, but if it comes below 1086.9, then a intra day sell could be more profitable.
If you take a sell trade below 1086.9, then use 1086.9 as stoploss and 1030.4 as target. However if you take a buy trade in stock , then use 1086.9 as stoploss and 1154.6 as target.

Share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Target	899.85
Downside Target	928.40
Downside Target	975.00
Downside Target	1000.15
Downside Target	1032.45
Downside Target	1086.20
Upside Target	1124.00
Upside Target	1155.00
Upside Target	1178.00
Upside Target	1180.30
Upside Target	1350.00
Upside Target	1391.00

Intraday share price targets for Punjab Chemicals (PUNJABCHEM)

Target Type	Value
Downside Intraday Target	1083.4
Downside Intraday Target	1066.7
Upside Intraday Target	1128.4
Upside Intraday Target	1156.7
Upside Intraday Target	1111.7

Weekly technical analysis of Punjab Chemicals (PUNJABCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1100.10	1103.90	1140.00	1095.00	0.729 times
19 Fri Apr 2024	1103.35	1123.65	1124.40	1050.00	0.31 times
12 Fri Apr 2024	1127.65	1038.00	1180.30	1009.05	2.15 times
05 Fri Apr 2024	1025.05	994.95	1032.45	975.00	0.684 times
28 Thu Mar 2024	992.90	958.85	1000.15	928.40	0.766 times

Price has moved down 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 Punjab Chemicals (PUNJABCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1100.10	994.95	1180.30	975.00	0.576 times
28 Thu Mar 2024	992.90	1033.35	1155.00	899.85	1.391 times
29 Thu Feb 2024	1052.80	1178.00	1178.00	945.00	1.499 times
31 Wed Jan 2024	1154.40	1340.00	1350.00	1086.20	0.974 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 Punjab Chemicals (PUNJABCHEM)

Price action analysis of Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals ( (PUNJABCHEM) ) 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 Punjab Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Punjab Chemicals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Punjab Chemicals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Punjab Chemicals 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 positive zone. This is a BUY zone

Stock of Punjab Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1101.54 and Punjab Chemicals (PUNJABCHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Punjab Chemicals (PUNJABCHEM) stock. Volume based technical analysis of Punjab Chemicals (PUNJABCHEM) stock is negative.

Punjab Chemicals 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.