Munafa Primo Chemicals Limited (PRIMO) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Primo Chemicals Limited (PRIMO) Indicator analysis

Primo Chemicals Limited stock tips (delivery Volume analysis)

Total 5 day volume for Primo Chemicals Limited is 1515482, out of which 878865 went into delivery, which is 57.99 percent of total volumes

Volumes in the last session was 169842, out of which 94196 went into delivery, which is 55.46 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Primo Chemicals PRIMO intraday stock tips

21 Wednesday October Stock tips for Primo Chemicals Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Primo Chemicals stays below 23.4, but if it comes above 23.4, then a intra day buy could be more profitable.
If you take a sell trade below 23.4, then use 23.4 as stoploss and 21.5 as target. However if you take a buy trade in Primo Chemicals, then use 23.4 as stoploss and 24.94 as target.

19 Monday October Stock tips for Primo Chemicals Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bearish for shortterm, and stock might move down till 23.5 or till 21.5. Use a stoploss of 25.11 and if the stock hits stoploss, then it can shoot up till 26.74

16 Friday October Stock tips for Primo Chemicals (PRIMO) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bullish for shortterm, and stock might move up till 27 or till 29.2. Use a stoploss of 25.15 and if this stock hits its stoploss, then it can fall down till 23.3

15 Thursday October Stock tips for Primo Chemicals (PRIMO) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bullish for shortterm, and stock might move up till 27.2 or till 29.6. Use a stoploss of 25.13 and if this stock hits its stoploss, then it can fall down till 23.1

14 Wednesday October Stock tips for Primo Chemicals (PRIMO) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.2 as stoploss in an intra day sell trade for a target of 25.04. However, stock will show a bullish move above 27.2.

13 Tuesday October Stock tips for Primo Chemicals (PRIMO) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.1 as stoploss in an intra day sell trade for a target of 24.92. However, stock will show a bullish move above 27.1.

12 Monday October Stock tips for Primo Chemicals (PRIMO) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Primo Chemicals PRIMO gave a large move recently.

My analysis of Primo Chemicals is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27 as stoploss in an intra day sell trade for a target of 24.8. However, stock will show a bullish move above 27.

Primo Chemicals PRIMO tips for tomorrow

Tomorrow's movement Prediction of Primo Chemicals PRIMO appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Primo Chemicals PRIMO is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 23.98

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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