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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 2025-01-08 View latest technical analysis

10 day averaged volume of Paramount Communications is 2320504

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	82.91	84.80	86.00	82.00	0.735 times
07 Tue Jan 2025	84.80	81.11	85.50	80.84	1.261 times
06 Mon Jan 2025	80.69	85.85	86.25	80.05	1.191 times
03 Fri Jan 2025	85.50	84.20	87.30	84.20	1.261 times
02 Thu Jan 2025	85.02	82.85	86.25	82.00	1.461 times
01 Wed Jan 2025	82.78	82.74	83.90	82.20	0.647 times
31 Tue Dec 2024	82.79	81.91	83.00	80.80	0.554 times
30 Mon Dec 2024	82.15	81.00	85.01	81.00	1.334 times
27 Fri Dec 2024	80.86	83.90	84.37	80.50	0.742 times
26 Thu Dec 2024	83.90	84.25	85.30	83.11	0.759 times

My analysis of stock is bearish for shortterm, and stock might move down till 81.4 or till 79.1. Use a stoploss of 83.19 and if the stock hits stoploss, then it can shoot up till 85.03

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Downside Target	67.01
Downside Target	74.35
Downside Target	75.89
Downside Target	80.05
Upside Target	85.00
Upside Target	87.30
Upside Target	87.75
Upside Target	90.10
Upside Target	90.15
Upside Target	100.63

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	79.89
Downside Intraday Target	76.87
Upside Intraday Target	86.09
Upside Intraday Target	89.27
Upside Intraday Target	83.07

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	82.91	85.85	86.25	80.05	0.606 times
03 Fri Jan 2025	85.50	81.00	87.30	80.80	1.323 times
27 Fri Dec 2024	80.86	86.41	87.75	80.50	0.369 times
20 Fri Dec 2024	84.91	81.50	90.10	81.03	1.252 times
13 Fri Dec 2024	80.02	77.00	85.95	74.35	1.774 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
08 Wed Jan 2025	82.91	82.74	87.30	80.05	0.218 times
31 Tue Dec 2024	82.79	71.01	90.10	67.50	3.484 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Paramount Communications in short term but the sell signal is initial and weak.

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 in or below 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 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 83.33 and Paramount Communications (PARACABLES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.