PREMEXPLN CMP 465.(Positional with strict stoploss only )stock bounce from a strong support zone. If defense sector will be sustain and perform well in coming days that this stock also move .Keep watching.
PREMEXPLN trade ideas
premier explosives order block detectedorder block is as marked on the chart
follow as per plan & it looks high risky
premier explosivesThis chart is showing strength .high volume breakout is seen .
Respecting its strong support it has show a reversal .
we may expect a move in coming days.
PREMEXPLN 570 is good to Up Side Weekly chart displays breakout
The neckline of inverse XABCD pattern confluence
with the upper side of the symmetrical triangle.
price is based at strong support neckline
this chart clearly shows that a massive potential targets ahead
it will be the level Study and buy
only for
Education purpose
PREMIER EXPLOSIVES LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Premier explosivesUptrend HH HL
Volume on up days > volumes on down days
Fibonacci levels of 38.2% and 20 ems
rsi hidden bullish divergence shows resumption of existing uptrend
Premier explosive can again explode?Finished a short downtrend!
But can retest same area as its in a short term downtrend..
Patern not clear and will be updated in comments in coming days!!
Defence theme on a bull mode still!
Given 6month back!
Still can make 800++
stoploss strictly exit @700 levels!
Swing trade and only for educational purpose!!
Not a recommendation! !
Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid
propellant plants at the Sriharikota Centre of ISRO and Solid Fuel Complex at Jagdalpur
under the umbrella of DRDO
PREMEXPLNGood Volume Buildup.
Rectangular Pattern.
Good for Short term and Long term.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Premier can explode?Made a ascending patern
Last day made a good volume
In uptrend
Momentum low.
Suport tested and no downside seems
September quarter result was good.
Target 1350
Stop 1150
Premier Explosives-Nice BreakoutPremier Explosives-Nice Breakout
Capital to be deployed- 20k
Investing Price -585-590
Breakout Price -584
Stoploss - 507
Targets - 969
#premierexplosives #stockmarkets #StockToWatch #stocks #StockMarketindia #stockstowatch #stockmarketnews
Premier explosives: About to explode?Inverted H&S on weekly timeframe, a long term got for this scrip. first target ie short term is 385 to 390. if crosses the minor resistance, it will explode and will reach around 1300, target can be understood from the chart. just for education purpose.
