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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 2024-12-10 View latest technical analysis

10 day averaged volume of Paramount Communications is 1690895

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	82.73	75.61	85.17	74.35	4.952 times
09 Mon Dec 2024	75.84	77.00	78.25	75.10	0.957 times
06 Fri Dec 2024	76.64	73.65	78.39	72.22	2.282 times
05 Thu Dec 2024	73.32	70.99	74.30	69.90	1.797 times
04 Wed Dec 2024	69.92	69.90	71.29	69.60	0.656 times
03 Tue Dec 2024	69.60	69.07	70.46	69.01	0.677 times
02 Mon Dec 2024	68.77	71.01	71.69	67.50	1.237 times
29 Fri Nov 2024	71.84	71.49	72.39	70.38	0.424 times
28 Thu Nov 2024	71.08	70.89	72.45	69.83	0.687 times
27 Wed Nov 2024	70.53	68.50	71.84	68.49	0.875 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 79.4, for a target of 74.4 or 70.26

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Downside Target	72.31
Downside Target	74.35
Downside Target	75.89
Downside Target	78.39
Upside Target	85.00
Upside Target	85.17
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	76.33
Downside Intraday Target	69.93
Upside Intraday Target	87.15
Upside Intraday Target	91.57
Downside Intraday Target	80.75

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	82.73	77.00	85.17	74.35	0.889 times
06 Fri Dec 2024	76.64	71.01	78.39	67.50	2.332 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

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
10 Tue Dec 2024	82.73	71.01	85.17	67.50	1.061 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 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 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 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 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 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 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 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 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 76.18 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.