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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.

Showing technical analysis as on 2024-09-04 View latest technical analysis

10 day averaged volume of Paramount Communications is 6506120

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	88.00	87.80	90.50	87.06	0.89 times
03 Tue Sep 2024	87.92	90.50	91.79	87.60	0.692 times
02 Mon Sep 2024	89.96	90.50	95.00	89.21	1.716 times
30 Fri Aug 2024	88.79	89.00	90.30	86.50	0.391 times
29 Thu Aug 2024	88.17	86.74	89.99	85.10	0.693 times
28 Wed Aug 2024	86.73	88.74	90.45	86.50	0.528 times
27 Tue Aug 2024	88.52	88.99	92.45	87.51	1.861 times
26 Mon Aug 2024	88.12	82.10	92.85	81.50	3.049 times
23 Fri Aug 2024	81.27	79.26	82.65	79.25	0.473 times
22 Thu Aug 2024	79.69	79.50	81.55	79.29	0.354 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.7, but if it comes below 87.7, then a intra day sell could be more profitable.
If you take a sell trade below 87.7, then use 87.7 as stoploss and 83.76 as target. However if you take a buy trade in stock , then use 87.7 as stoploss and 92.3 as target.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	62.75
Downside Target	68.15
Downside Target	72.31
Downside Target	77.69
Downside Target	81.50
Downside Target	86.73
Downside Target	87.55
Downside Target	87.60
Upside Target	92.85
Upside Target	95.00
Upside Target	95.95

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	85.04
Downside Intraday Target	82.08
Upside Intraday Target	92.98
Upside Intraday Target	97.96
Upside Intraday Target	90.02

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	88.00	90.50	95.00	87.06	0.506 times
30 Fri Aug 2024	88.79	82.10	92.85	81.50	4.683 times
23 Fri Aug 2024	81.27	80.50	83.10	77.69	1.005 times
16 Fri Aug 2024	79.60	81.25	86.73	78.30	0.469 times
09 Fri Aug 2024	80.42	76.00	87.60	72.31	1.437 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
04 Wed Sep 2024	88.00	90.50	95.00	87.06	0.259 times
30 Fri Aug 2024	88.79	82.00	92.85	72.31	4.773 times
31 Wed Jul 2024	81.62	74.78	82.57	69.20	0.769 times
22 Mon Apr 2024	80.05	69.60	95.95	68.15	0.916 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Paramount Communications stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.84 and Paramount Communications (PARACABLES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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