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 2024-12-12 View latest technical analysis

10 day averaged volume of Paramount Communications is 2767974

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	79.10	82.50	83.51	78.80	0.644 times
11 Wed Dec 2024	82.40	83.50	85.95	81.81	1.65 times
10 Tue Dec 2024	82.73	75.61	85.17	74.35	3.025 times
09 Mon Dec 2024	75.84	77.00	78.25	75.10	0.584 times
06 Fri Dec 2024	76.64	73.65	78.39	72.22	1.394 times
05 Thu Dec 2024	73.32	70.99	74.30	69.90	1.098 times
04 Wed Dec 2024	69.92	69.90	71.29	69.60	0.401 times
03 Tue Dec 2024	69.60	69.07	70.46	69.01	0.414 times
02 Mon Dec 2024	68.77	71.01	71.69	67.50	0.756 times
29 Fri Nov 2024	71.84	71.49	72.39	70.38	0.259 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76.6, but if it comes below 76.6, then a intra day sell could be more profitable.
If you take a sell trade below 76.6, then use 76.6 as stoploss and 71.37 as target. However if you take a buy trade in stock , then use 76.6 as stoploss and 82.8 as target.

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	85.95
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	73.65
Downside Intraday Target	68.2
Upside Intraday Target	85.25
Upside Intraday Target	91.4
Upside Intraday Target	79.8

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	79.10	77.00	85.95	74.35	1.453 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
12 Thu Dec 2024	79.10	71.01	85.95	67.50	1.378 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 losing 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 77.87 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.