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 2024-01-22 View latest technical analysis

10 day averaged volume of Paramount Communications is 1053816

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	111.65	106.45	111.65	106.35	1.871 times
19 Fri Jan 2024	106.35	106.35	106.35	106.35	0.246 times
18 Thu Jan 2024	101.30	96.50	101.30	94.05	1.841 times
17 Wed Jan 2024	96.50	91.85	96.50	91.20	2.177 times
16 Tue Jan 2024	91.95	94.70	94.95	90.00	0.786 times
15 Mon Jan 2024	92.30	91.00	93.50	91.00	0.562 times
12 Fri Jan 2024	92.00	95.90	98.40	90.80	1.21 times
11 Thu Jan 2024	95.05	90.95	95.05	90.95	1.015 times
10 Wed Jan 2024	90.55	91.85	92.80	89.85	0.579 times
09 Tue Jan 2024	91.85	93.60	96.00	91.10	0.565 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 107.5, for a target of 100 or 93.75

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	84.10
Downside Target	87.00
Downside Target	89.85
Downside Target	96.35
Downside Target	98.40
Downside Target	106.35
Downside Target	111.65

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	108.12
Downside Intraday Target	104.58
Upside Intraday Target	113.42
Upside Intraday Target	115.18
Downside Intraday Target	109.88

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	111.65	106.45	111.65	106.35	0.333 times
19 Fri Jan 2024	106.35	91.00	106.35	90.00	1.279 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

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
22 Mon Jan 2024	111.65	88.70	111.65	84.10	0.561 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 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 Paramount Communications ( (PARACABLES) ) 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 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 BUY signal for Paramount Communications 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.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.41 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.