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 2024-09-16 View latest technical analysis

10 day averaged volume of Paras Petrofils is 288721

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	4.10	4.06	4.13	3.81	2.789 times
13 Fri Sep 2024	3.94	4.09	4.09	3.83	1.606 times
12 Thu Sep 2024	4.01	3.92	4.03	3.80	2.184 times
11 Wed Sep 2024	3.84	3.85	3.86	3.53	1.678 times
10 Tue Sep 2024	3.68	3.52	3.69	3.47	1.309 times
09 Mon Sep 2024	3.52	3.52	3.85	3.48	1.466 times
06 Fri Sep 2024	3.67	3.82	3.82	3.67	0.451 times
05 Thu Sep 2024	3.75	3.68	3.75	3.68	0.569 times
04 Wed Sep 2024	3.68	3.68	3.68	3.68	0.197 times
03 Tue Sep 2024	3.76	3.76	3.76	3.76	0.317 times

Stock of Paras Petrofils (PARASPETRO_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 4.1, for a target of 3.9 or 3.77

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	3.10
Downside Target	3.28
Downside Target	3.47
Downside Target	3.65
Downside Target	3.81
Downside Target	4.03
Downside Target	4.09
Upside Target	4.13
Upside Target	4.49
Upside Target	4.63

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	3.9
Downside Intraday Target	3.69
Upside Intraday Target	4.22
Upside Intraday Target	4.33
Downside Intraday Target	4.01

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	4.10	4.06	4.13	3.81	0.338 times
13 Fri Sep 2024	3.94	3.52	4.09	3.47	4.693 times
06 Fri Sep 2024	3.67	3.84	3.84	3.67	0.632 times
30 Fri Aug 2024	3.92	3.72	4.03	3.72	1.479 times
23 Fri Aug 2024	3.68	3.55	3.68	3.50	1.215 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
16 Mon Sep 2024	4.10	3.84	4.13	3.47	1.551 times
30 Fri Aug 2024	3.92	4.00	4.03	3.50	0.424 times
31 Wed Jul 2024	4.09	3.71	4.63	3.28	0.767 times
28 Fri Jun 2024	3.71	3.30	4.49	3.30	2.925 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 Weak and stock is losing 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 red color and prices are in or above the red 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 3.87 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.