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Primo Chemicals Limited

PRIMO.BO Technical Analysis Summary (BSE)

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

PRIMO.BO●BSE
Basic MaterialsChemicals
₹20.85
₹0.04(0.19%)
Indian Market opens in 14h 36m

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.BO Technical Analysis Summary (BSE)

Primo Chemicals Limited (BSE: PRIMO.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.92)
Trend Strength:Very Strong (ADX: 49.77)
Volatility:High (ATR: 1.40)
Support/Resistance:$20.69 – $26.24 (Bollinger Bands)

Technical conditions suggest Primo Chemicals Limited on the BSE is awaiting a decisive move. Technical conditions suggest Primo Chemicals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 35.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 2.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.68

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.31

Strongly Bearish
Sharp downside momentum.

Takeaway:Primo Chemicals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 49.77

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.40

Low
Low volatility, stable price action.

CCI (14): -146.19

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Primo Chemicals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.24
Middle Band (SMA 20)
$23.47
Lower Band
$20.69
Current Position
Within Bands

Takeaway:Primo Chemicals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.81
Middle Line (EMA 20)
$23.02
Lower Channel
$20.23
Squeeze Status
Squeeze On

Takeaway:Primo Chemicals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume725.63K
Money Flow Index55.78Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.39Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Primo Chemicals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: PRIMO.BO) Technical Analysis FAQ