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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
₹20.80
₹0.09(0.43%)
Indian Market opens in 13h 47m

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 bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.81)
Trend Strength:Strong (ADX: 31.06)
Volatility:High (ATR: 1.39)
Support/Resistance:$20.81 – $26.18 (Bollinger Bands)

Technical conditions suggest Primo Chemicals Ltd. on the NSE is awaiting a decisive move. This mix signals that Primo Chemicals Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 32.81

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.68

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.61

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.27

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.06

Strong
Strong trend, momentum well established.

ATR (14): 1.39

Low
Low volatility, stable price action.

CCI (14): -157.36

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.18
Middle Band (SMA 20)
$23.50
Lower Band
$20.81
Current Position
Below Lower Band

Takeaway:Primo Chemicals Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$25.82
Middle Line (EMA 20)
$23.05
Lower Channel
$20.28
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume2.75M
Money Flow Index54.54Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.89Bearish, 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

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 Ltd. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(NSE: PRIMO.NS) Technical Analysis FAQ