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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 2025-02-06 View latest technical analysis

10 day averaged volume of Paramount Communications is 1574687

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	69.81	69.90	70.90	68.80	0.476 times
05 Wed Feb 2025	69.83	66.24	70.45	66.24	0.885 times
04 Tue Feb 2025	66.24	64.50	66.50	64.44	0.73 times
03 Mon Feb 2025	63.78	63.00	64.88	61.16	3.505 times
31 Fri Jan 2025	72.14	70.00	72.61	69.70	0.546 times
30 Thu Jan 2025	70.24	70.70	71.35	69.10	0.57 times
29 Wed Jan 2025	69.96	67.45	70.39	67.45	0.744 times
28 Tue Jan 2025	67.55	68.53	69.40	63.61	1.047 times
27 Mon Jan 2025	67.52	70.00	70.59	66.50	0.843 times
24 Fri Jan 2025	70.40	70.81	72.70	70.00	0.649 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 68.1 as stoploss in an intra day buy trade for a target of 71.89. However, stock will show a bearish move below 68.1.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	61.16
Downside Target	63.61
Downside Target	67.01
Upside Target	70.00
Upside Target	72.48
Upside Target	75.89
Upside Target	75.90
Upside Target	77.40
Upside Target	78.12
Upside Target	86.25
Upside Target	87.30
Upside Target	90.10
Upside Target	90.15

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	63.68
Downside Intraday Target	57.55
Upside Intraday Target	73.42
Upside Intraday Target	77.03
Downside Intraday Target	67.29

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	69.81	63.00	70.90	61.16	1.492 times
31 Fri Jan 2025	72.14	70.00	72.61	63.61	1.254 times
24 Fri Jan 2025	70.40	76.75	77.40	70.00	0.832 times
17 Fri Jan 2025	76.89	77.74	78.12	72.48	0.5 times
10 Fri Jan 2025	78.45	85.85	86.25	75.90	0.927 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
06 Thu Feb 2025	69.81	63.00	70.90	61.16	0.249 times
31 Fri Jan 2025	72.14	82.74	87.30	63.61	0.507 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

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 neutral. A longer time frame might give a better analysis.

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Paramount Communications in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 67.21 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 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 negative.

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