Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PARASPETRO_BE) Paras Petrofils complete technical analysis [charts+indicators] | Buy/Sell Paras Petrofils | (PARASPETRO_BE) share price targets

Complete technical analysis of Paras Petrofils (PARASPETRO_BE) by charts plus indicators, forecast predictions and share price targets for Paras Petrofils (PARASPETRO_BE)

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Paras Petrofils is 261294

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	4.41	4.41	4.41	4.28	1.856 times
26 Fri Jul 2024	4.20	4.17	4.20	3.98	2.539 times
25 Thu Jul 2024	4.00	4.00	4.00	3.61	1.638 times
24 Wed Jul 2024	3.81	3.78	3.81	3.78	0.886 times
23 Tue Jul 2024	3.63	3.28	3.63	3.28	1.87 times
22 Mon Jul 2024	3.46	3.57	3.65	3.46	1.601 times
19 Fri Jul 2024	3.65	3.65	3.65	3.65	0.468 times
18 Thu Jul 2024	3.73	3.73	3.73	3.73	0.175 times
16 Tue Jul 2024	3.81	3.81	3.81	3.81	0.234 times
15 Mon Jul 2024	3.89	3.89	3.89	3.89	0.271 times

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 4.3, for a target of 4.1 or 3.87

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.65
Downside Target	2.80
Downside Target	3.10
Downside Target	3.28
Downside Target	3.60
Downside Target	3.85
Downside Target	3.90
Downside Target	4.06
Downside Target	4.20
Downside Target	4.28
Downside Target	4.41
Upside Target	4.49

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	4.32
Downside Intraday Target	4.24
Upside Intraday Target	4.45
Upside Intraday Target	4.5
Downside Intraday Target	4.37

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	4.41	4.41	4.41	4.28	0.217 times
26 Fri Jul 2024	4.20	3.57	4.20	3.28	7.442 times
19 Fri Jul 2024	3.65	3.89	3.89	3.65	0.373 times
12 Fri Jul 2024	3.97	3.86	4.06	3.86	0.783 times
05 Fri Jul 2024	3.85	3.71	3.85	3.71	1.62 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 Paras Petrofils (PARASPETRO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	4.41	3.71	4.41	3.28	0.661 times
28 Fri Jun 2024	3.71	3.30	4.49	3.30	2.925 times
31 Fri May 2024	3.15	3.65	3.65	3.10	0.699 times
30 Tue Apr 2024	3.70	2.75	3.90	2.65	1.661 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 Paras Petrofils (PARASPETRO_BE)

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Paras Petrofils 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.

Paras Petrofils Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Paras Petrofils 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 negative zone. This is the SELL zone

Stock of Paras Petrofils is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.94 and Paras Petrofils (PARASPETRO_BE) 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 Paras Petrofils (PARASPETRO_BE) stock. Volume based technical analysis of Paras Petrofils (PARASPETRO_BE) stock is negative.

Paras Petrofils 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.