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 2024-12-02 View latest technical analysis

10 day averaged volume of Paramount Communications is 1029168

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	68.77	71.01	71.69	67.50	2.032 times
29 Fri Nov 2024	71.84	71.49	72.39	70.38	0.697 times
28 Thu Nov 2024	71.08	70.89	72.45	69.83	1.128 times
27 Wed Nov 2024	70.53	68.50	71.84	68.49	1.437 times
26 Tue Nov 2024	68.91	68.90	69.09	67.90	0.672 times
25 Mon Nov 2024	68.22	69.00	69.65	68.00	0.751 times
22 Fri Nov 2024	66.81	65.91	67.50	64.50	0.709 times
21 Thu Nov 2024	65.50	67.00	67.00	64.80	0.747 times
19 Tue Nov 2024	66.77	66.30	68.65	66.01	1.854 times
18 Mon Nov 2024	65.95	68.50	68.90	65.60	1.076 times

Stock of Paramount Communications (PARACABLES) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 67 or till 63.8. Use a stoploss of 69.71 and if the stock hits stoploss, then it can shoot up till 72.42

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Upside Target	70.70
Upside Target	72.31
Upside Target	72.45
Upside Target	72.55
Upside Target	75.89
Upside Target	85.00
Upside Target	90.15
Upside Target	92.85
Upside Target	100.63

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	66.95
Downside Intraday Target	65.13
Upside Intraday Target	71.14
Upside Intraday Target	73.51
Upside Intraday Target	69.32

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	68.77	71.01	71.69	67.50	0.434 times
29 Fri Nov 2024	71.84	69.00	72.45	67.90	1.068 times
22 Fri Nov 2024	66.81	68.50	68.90	64.50	0.976 times
14 Thu Nov 2024	67.36	71.25	72.55	65.70	0.81 times
08 Fri Nov 2024	71.53	74.26	75.89	70.70	0.649 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
02 Mon Dec 2024	68.77	71.01	71.69	67.50	0.104 times
29 Fri Nov 2024	71.84	73.08	75.89	64.50	0.381 times
31 Thu Oct 2024	72.65	85.91	90.15	67.01	0.359 times
30 Mon Sep 2024	85.95	90.50	100.63	85.00	1.762 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term and selling is picking up 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 68.44 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 negative.

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