I'm seeing some interesting price action. The stock seems to have made a strong move and then come back to retest what appears to be a key level around ₹608.
From my perspective, if PREMEXPLN can hold above this ₹608 mark, I'm anticipating a potential move higher. My current target for this setup is around the ₹900 level, which aligns with a significant point on the chart.
This is simply my interpretation of the technicals, and I'll be watching how price develops from here. As with any trading idea, proper risk management is essential.
Just sharing my chart observation – not financial advice.
From my perspective, if PREMEXPLN can hold above this ₹608 mark, I'm anticipating a potential move higher. My current target for this setup is around the ₹900 level, which aligns with a significant point on the chart.
This is simply my interpretation of the technicals, and I'll be watching how price develops from here. As with any trading idea, proper risk management is essential.
Just sharing my chart observation – not financial advice.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.