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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 2024-12-02 View latest technical analysis

10 day averaged volume of Paras Petrofils is 60438

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	3.14	3.22	3.22	3.14	2.045 times
29 Fri Nov 2024	3.16	3.12	3.16	3.12	0.601 times
28 Thu Nov 2024	3.10	3.10	3.10	3.10	0.381 times
27 Wed Nov 2024	3.04	3.04	3.04	3.04	0.481 times
26 Tue Nov 2024	2.99	2.94	2.99	2.94	1.623 times
25 Mon Nov 2024	2.94	2.95	2.95	2.94	1.108 times
22 Fri Nov 2024	2.96	2.96	2.96	2.96	1.546 times
21 Thu Nov 2024	3.03	3.10	3.10	3.03	1.352 times
19 Tue Nov 2024	3.10	3.12	3.12	3.10	1.611 times
18 Mon Nov 2024	3.14	3.15	3.15	3.14	0.488 times

Stock of Paras Petrofils (PARASPETRO_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 3 or till 2.8. Use a stoploss of 3.25 and if the stock hits stoploss, then it can shoot up till 3.47

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.94
Downside Target	3.14
Upside Target	3.40
Upside Target	3.47
Upside Target	3.50
Upside Target	3.55
Upside Target	3.82
Upside Target	4.03
Upside Target	4.14

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	3.11
Downside Intraday Target	3.09
Upside Intraday Target	3.19
Upside Intraday Target	3.25
Upside Intraday Target	3.17

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	3.14	3.22	3.22	3.14	0.488 times
29 Fri Nov 2024	3.16	2.95	3.16	2.94	0.839 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

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
02 Mon Dec 2024	3.14	3.22	3.22	3.14	0.065 times
29 Fri Nov 2024	3.16	3.64	3.82	2.94	0.967 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

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 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 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 BUY signal for Paras Petrofils in short term but the buy signal is initial and weak.

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

Paras Petrofils 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 below the red cloud Prices appear to be coming down

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 3.05 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 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.