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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 2025-01-16 View latest technical analysis

10 day averaged volume of Paramount Communications is 2170450

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	75.79	75.39	77.36	75.20	0.424 times
15 Wed Jan 2025	74.77	75.95	76.46	74.00	0.468 times
14 Tue Jan 2025	75.64	74.63	75.94	73.00	0.493 times
13 Mon Jan 2025	73.27	77.74	78.12	72.48	0.919 times
10 Fri Jan 2025	78.45	79.49	79.73	75.90	1.034 times
09 Thu Jan 2025	79.58	82.87	82.87	79.25	0.768 times
08 Wed Jan 2025	82.91	84.80	86.00	82.00	0.786 times
07 Tue Jan 2025	84.80	81.11	85.50	80.84	1.348 times
06 Mon Jan 2025	80.69	85.85	86.25	80.05	1.274 times
03 Fri Jan 2025	85.50	84.20	87.30	84.20	1.348 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 77.6, but if it comes above 77.6, then a intra day buy could be more profitable.
If you take a sell trade below 77.6, then use 77.6 as stoploss and 73 as target. However if you take a buy trade in stock , then use 77.6 as stoploss and 81.43 as target.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Downside Target	67.01
Downside Target	72.48
Upside Target	75.89
Upside Target	78.12
Upside Target	80.50
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	72.81
Downside Intraday Target	69.82
Upside Intraday Target	78.45
Upside Intraday Target	81.1
Downside Intraday Target	75.46

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	75.79	77.74	78.12	72.48	0.442 times
10 Fri Jan 2025	78.45	85.85	86.25	75.90	0.927 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

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
16 Thu Jan 2025	75.79	82.74	87.30	72.48	0.346 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Paramount Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Paramount Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 80.29 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.