Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-13 View latest technical analysis

10 day averaged volume of Paramount Communications is 7663497

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	94.79	90.70	98.70	90.01	3.066 times
12 Thu Sep 2024	90.10	89.50	90.85	88.05	0.516 times
11 Wed Sep 2024	88.56	90.72	92.95	88.07	1.077 times
10 Tue Sep 2024	90.21	90.00	94.80	89.35	1.851 times
09 Mon Sep 2024	88.90	90.50	91.27	86.02	0.561 times
06 Fri Sep 2024	89.86	90.95	93.20	88.50	0.942 times
05 Thu Sep 2024	90.12	89.01	94.50	88.91	1.921 times
04 Wed Sep 2024	88.00	87.80	90.50	87.06	0.756 times
03 Tue Sep 2024	87.92	90.50	91.79	87.60	0.588 times
02 Mon Sep 2024	89.96	90.50	95.00	89.21	1.457 times

Stock of Paramount Communications (PARACABLES) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 96.2, for a target of 91.2 or 87.01

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
Downside Target	92.85
Upside Target	95.00
Upside Target	95.95
Upside Target	98.70

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	87.64
Downside Intraday Target	80.49
Upside Intraday Target	100.32
Upside Intraday Target	105.85
Downside Intraday Target	93.17

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	94.79	90.50	98.70	86.02	1.249 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 up 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
13 Fri Sep 2024	94.79	90.50	98.70	86.02	1.178 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 up 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 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 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 gaining momentum.

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

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. Bears are weakening, and bulls 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 buy signal for Paramount Communications in short term and BUY signal is strong.

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 90.81 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.