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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Paras Petrofils is 56883

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2.94	2.95	2.95	2.94	1.177 times
22 Fri Nov 2024	2.96	2.96	2.96	2.96	1.643 times
21 Thu Nov 2024	3.03	3.10	3.10	3.03	1.437 times
19 Tue Nov 2024	3.10	3.12	3.12	3.10	1.711 times
18 Mon Nov 2024	3.14	3.15	3.15	3.14	0.518 times
14 Thu Nov 2024	3.21	3.24	3.24	3.20	0.86 times
13 Wed Nov 2024	3.24	3.25	3.25	3.24	0.774 times
12 Tue Nov 2024	3.26	3.26	3.26	3.26	1.032 times
11 Mon Nov 2024	3.33	3.40	3.40	3.33	0.863 times
08 Fri Nov 2024	3.40	3.46	3.46	3.40	0.517 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3, but if it comes above 3, then a intra day buy could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.8 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.27 as target.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.94
Upside Target	3.15
Upside Target	3.28
Upside Target	3.40
Upside Target	3.47
Upside Target	3.55
Upside Target	3.64
Upside Target	3.82
Upside Target	4.03
Upside Target	4.14
Upside Target	4.63

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	2.94
Downside Intraday Target	2.93
Upside Intraday Target	2.95
Upside Intraday Target	2.95
Upside Intraday Target	2.94

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2.94	2.95	2.95	2.94	0.222 times
22 Fri Nov 2024	2.96	3.15	3.15	2.96	1.505 times
14 Thu Nov 2024	3.21	3.40	3.40	3.20	0.208 times
08 Fri Nov 2024	3.40	3.80	3.82	3.40	1.673 times
01 Fri Nov 2024	3.64	2.88	3.64	2.75	2.48 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 Paras Petrofils (PARASPETRO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2.94	3.64	3.82	2.94	0.872 times
31 Thu Oct 2024	3.47	3.55	3.55	2.75	0.391 times
30 Mon Sep 2024	3.55	3.84	4.14	3.47	2.119 times
30 Fri Aug 2024	3.92	4.00	4.03	3.50	0.424 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 Paras Petrofils (PARASPETRO_BE)

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) based on a mid to longer 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.

ADX buy sell signal for Paras Petrofils stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Paras Petrofils in short term and the sell signal is strong.

Paras Petrofils 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Paras Petrofils in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 3.12 and Paras Petrofils (PARASPETRO_BE) 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 Paras Petrofils (PARASPETRO_BE) stock. Volume based technical analysis of Paras Petrofils (PARASPETRO_BE) stock is negative.

Paras Petrofils 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.