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Primo Chemicals Ltd.

PRIMO.NS Technical Analysis Summary (NSE)

Analyze PRIMO.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PRIMO.NS●NSE
Basic MaterialsChemicals
₹25.80
₹0.84(3.15%)
Indian Market opens in 0h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PRIMO.NS Technical Analysis Summary (NSE)

Primo Chemicals Ltd. (NSE: PRIMO.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.47)
Trend Strength:Moderate (ADX: 29.55)
Volatility:High (ATR: 1.81)
Support/Resistance:$18.39 – $27.53 (Bollinger Bands)

Technical conditions suggest Primo Chemicals Ltd. on the NSE is awaiting a decisive move. Overall, Primo Chemicals Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.24

Bullish
Buying momentum building without extremes.

Williams %R: -49.38

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 17.10

Strongly Bullish
Strong upside momentum.

Takeaway:Primo Chemicals Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.08

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.55

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.81

Low
Low volatility, stable price action.

CCI (14): 64.42

Bullish
Bullish, momentum building upward.

Takeaway:Primo Chemicals Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.53
Middle Band (SMA 20)
$22.96
Lower Band
$18.39
Current Position
Within Bands

Takeaway:Primo Chemicals Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$27.41
Middle Line (EMA 20)
$23.79
Lower Channel
$20.17
Squeeze Status
No Squeeze

Takeaway:Primo Chemicals Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume5.65M
Money Flow Index73.38Bullish, inflows support continued momentum.
Relative Vigor Index32.44Bearish, price momentum favors sellers.

Overall Takeaway:PRIMO.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Primo Chemicals Ltd. (NSE: PRIMO.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Primo Chemicals Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NSE: PRIMO.NS) Technical Analysis FAQ