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

(PARACABLES) Paramount Communications complete technical analysis [charts+indicators] | Buy/Sell Paramount Communications | (PARACABLES) share price targets

Complete technical analysis of Paramount Communications (PARACABLES) by charts plus indicators, forecast predictions and share price targets for Paramount Communications (PARACABLES)

Paramount Communications trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-01-18 View latest technical analysis

10 day averaged volume of Paramount Communications is 1280363

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	101.30	96.50	101.30	94.05	1.515 times
17 Wed Jan 2024	96.50	91.85	96.50	91.20	1.792 times
16 Tue Jan 2024	91.95	94.70	94.95	90.00	0.647 times
15 Mon Jan 2024	92.30	91.00	93.50	91.00	0.462 times
12 Fri Jan 2024	92.00	95.90	98.40	90.80	0.996 times
11 Thu Jan 2024	95.05	90.95	95.05	90.95	0.836 times
10 Wed Jan 2024	90.55	91.85	92.80	89.85	0.476 times
09 Tue Jan 2024	91.85	93.60	96.00	91.10	0.465 times
08 Mon Jan 2024	93.60	97.25	98.15	93.00	0.839 times
05 Fri Jan 2024	96.65	98.50	98.50	91.30	3.017 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 99.9, for a target of 95.5 or 91.84

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	34.15
Downside Target	40.25
Downside Target	43.90
Downside Target	57.75
Downside Target	61.75
Downside Target	68.00
Downside Target	78.75
Downside Target	84.10
Downside Target	87.00
Downside Target	89.85
Downside Target	92.10
Downside Target	96.35
Downside Target	98.40
Downside Target	98.50
Downside Target	101.30

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	93.77
Downside Intraday Target	86.23
Upside Intraday Target	105.07
Upside Intraday Target	108.83
Downside Intraday Target	97.53

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	101.30	91.00	101.30	90.00	1.223 times
12 Fri Jan 2024	92.00	97.25	98.40	89.85	0.724 times
05 Fri Jan 2024	96.65	88.70	98.50	84.10	1.265 times
29 Fri Dec 2023	88.15	94.50	96.35	87.00	0.493 times
22 Fri Dec 2023	92.10	78.75	92.10	78.75	0.756 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 Paramount Communications (PARACABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	101.30	88.70	101.30	84.10	0.495 times
29 Fri Dec 2023	88.15	66.00	96.35	61.75	17.693 times
30 Thu Nov 2023	64.65	63.50	68.00	62.05	0.052 times
21 Mon Aug 2023	56.00	41.65	57.75	40.25	2.026 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 Paramount Communications (PARACABLES)

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Paramount Communications ( (PARACABLES) ) 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 Paramount Communications stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Paramount Communications in short term but the sell signal is initial and weak.

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

Paramount Communications 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 Paramount Communications 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Paramount Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.57 and Paramount Communications (PARACABLES) 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 Paramount Communications (PARACABLES) stock. Volume based technical analysis of Paramount Communications (PARACABLES) stock is negative.

Paramount Communications 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.