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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 2024-09-11 View latest technical analysis

10 day averaged volume of Paramount Communications is 7237205

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	88.56	90.72	92.95	88.07	1.14 times
10 Tue Sep 2024	90.21	90.00	94.80	89.35	1.96 times
09 Mon Sep 2024	88.90	90.50	91.27	86.02	0.595 times
06 Fri Sep 2024	89.86	90.95	93.20	88.50	0.997 times
05 Thu Sep 2024	90.12	89.01	94.50	88.91	2.034 times
04 Wed Sep 2024	88.00	87.80	90.50	87.06	0.8 times
03 Tue Sep 2024	87.92	90.50	91.79	87.60	0.622 times
02 Mon Sep 2024	89.96	90.50	95.00	89.21	1.543 times
30 Fri Aug 2024	88.79	89.00	90.30	86.50	0.351 times
29 Thu Aug 2024	88.17	86.74	89.99	85.10	0.623 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 90 as stoploss in an intra day sell trade for a target of 85.67. However, stock will show a bullish move above 90.

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	86.02
Downside Target	87.55
Upside Target	92.85
Upside Target	94.80
Upside Target	95.00
Upside Target	95.95

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	84.79
Downside Intraday Target	81.01
Upside Intraday Target	93.57
Upside Intraday Target	98.57
Upside Intraday Target	89.79

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	88.56	90.50	94.80	86.02	0.616 times
06 Fri Sep 2024	89.86	90.50	95.00	87.06	1.023 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

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
11 Wed Sep 2024	88.56	90.50	95.00	86.02	0.846 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 89.41 and Paramount Communications (PARACABLES) stock is trading below this level. This means that stock is falling with high volumes. 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.