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(PARACABLES) Paramount Communications complete technical analysis [charts+indicators] | Buy/Sell Paramount Communications | (PARACABLES) share price targets

Complete technical analysis of Paramount Communications (PARACABLES) by charts plus indicators, forecast predictions and share price targets for Paramount Communications (PARACABLES)

Paramount Communications trades in NSE in Other Elect.Equip. sector.

10 day averaged volume of Paramount Communications is 1635754

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 67.05 69.70 71.55 66.75 0.784 times
27 Wed Mar 2024 69.55 74.80 76.45 69.35 1.34 times
26 Tue Mar 2024 73.00 71.70 73.00 71.00 1.204 times
22 Fri Mar 2024 69.55 67.60 69.55 66.50 0.451 times
21 Thu Mar 2024 66.25 64.65 66.25 63.70 0.272 times
20 Wed Mar 2024 63.10 66.10 67.70 62.75 0.663 times
19 Tue Mar 2024 66.05 64.05 67.80 64.05 0.733 times
18 Mon Mar 2024 64.85 63.20 66.90 62.80 1.186 times
15 Fri Mar 2024 64.45 65.05 67.65 64.45 1.417 times
14 Thu Mar 2024 67.80 67.55 72.95 67.55 2.616 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 66.3 as stoploss in an intra day buy trade for a target of 73.08. However, stock will show a bearish move below 66.3.

Share price targets for Paramount Communications (PARACABLES)

Target Type Value
Downside Target 61.75
Downside Target 64.45
Downside Target 66.75
Upside Target 69.55
Upside Target 75.70
Upside Target 79.40
Upside Target 82.30
Upside Target 84.10
Upside Target 87.55
Upside Target 90.80
Upside Target 96.35
Upside Target 112.10
Upside Target 116.85

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type Value
Downside Intraday Target 63.72
Downside Intraday Target 60.38
Upside Intraday Target 73.42
Upside Intraday Target 79.78
Upside Intraday Target 70.08

Weekly technical analysis of Paramount Communications (PARACABLES)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 67.05 71.70 76.45 66.75 1.008 times
22 Fri Mar 2024 69.55 63.20 69.55 62.75 0.728 times
15 Fri Mar 2024 64.45 79.60 82.30 64.45 1.56 times
07 Thu Mar 2024 82.85 79.90 82.85 75.70 1.095 times
02 Sat Mar 2024 80.10 89.00 90.80 79.40 0.911 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Paramount Communications (PARACABLES)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 67.05 85.75 87.55 62.75 1.017 times
29 Thu Feb 2024 84.70 106.00 112.10 82.40 0.856 times
31 Wed Jan 2024 105.55 88.70 116.85 84.10 0.84 times
29 Fri Dec 2023 88.15 66.00 96.35 61.75 17.693 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Paramount Communications (PARACABLES)

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Paramount Communications stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Paramount Communications in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Paramount Communications Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Paramount Communications in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Paramount Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.4 and Paramount Communications (PARACABLES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Paramount Communications (PARACABLES) stock. Volume based technical analysis of Paramount Communications (PARACABLES) stock is negative.

Paramount Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Paramount Communications stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Paramount Communications in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Paramount Communications Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Paramount Communications in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Paramount Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.4 and Paramount Communications (PARACABLES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Paramount Communications (PARACABLES) stock. Volume based technical analysis of Paramount Communications (PARACABLES) stock is negative.

Paramount Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Paramount Communications charts

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Daily charts

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