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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 2024-12-19 View latest technical analysis

10 day averaged volume of Paras Petrofils is 124838

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	3.07	3.05	3.12	2.86	2.252 times
18 Wed Dec 2024	2.99	3.10	3.10	2.90	0.986 times
17 Tue Dec 2024	3.03	3.12	3.23	3.00	2.556 times
16 Mon Dec 2024	3.12	3.12	3.12	3.12	2.153 times
13 Fri Dec 2024	2.98	3.00	3.00	2.98	0.7 times
12 Thu Dec 2024	3.00	2.95	3.00	2.95	0.582 times
11 Wed Dec 2024	2.95	3.00	3.00	2.94	0.477 times
10 Tue Dec 2024	3.00	3.00	3.00	3.00	0.321 times
09 Mon Dec 2024	3.00	3.05	3.05	3.00	0.848 times
06 Fri Dec 2024	3.04	2.99	3.04	2.99	0.839 times

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

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.1 as stoploss in an intra day sell trade for a target of 3.03. However, stock will show a bullish move above 3.1.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.86
Downside Target	2.94
Downside Target	3.05
Upside Target	3.15
Upside Target	3.23
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	2.88
Downside Intraday Target	2.68
Upside Intraday Target	3.25
Upside Intraday Target	3.42
Downside Intraday Target	3.05

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	3.07	3.12	3.23	2.86	2.714 times
13 Fri Dec 2024	2.98	3.05	3.05	2.94	0.753 times
06 Fri Dec 2024	3.04	3.22	3.22	2.99	1.916 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	3.07	3.22	3.23	2.86	0.965 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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. Bears 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Paras Petrofils is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.04 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 negative.

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