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 2024-07-26 View latest technical analysis

10 day averaged volume of Paramount Communications is 729776

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	75.16	73.74	76.83	73.74	2.649 times
25 Thu Jul 2024	73.18	72.01	73.50	71.52	0.697 times
24 Wed Jul 2024	72.01	72.80	73.65	71.81	0.781 times
23 Tue Jul 2024	72.38	71.99	73.75	69.20	1.109 times
22 Mon Jul 2024	70.99	73.11	73.48	70.25	1.055 times
19 Fri Jul 2024	72.82	73.87	73.87	71.50	0.701 times
18 Thu Jul 2024	72.94	75.00	75.80	71.50	1.355 times
16 Tue Jul 2024	73.68	74.78	76.50	73.20	1.481 times
22 Mon Apr 2024	80.05	82.40	82.40	79.20	1.008 times
19 Fri Apr 2024	78.75	78.15	80.60	77.45	1.029 times

Stock of Paramount Communications (PARACABLES) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 73 as stoploss in an intra day buy trade for a target of 78.72. However, stock will show a bearish move below 73.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	62.75
Downside Target	68.15
Downside Target	71.50
Upside Target	76.83
Upside Target	82.40
Upside Target	84.10
Upside Target	87.55
Upside Target	89.15
Upside Target	95.95
Upside Target	112.10
Upside Target	116.85

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	70.63
Downside Intraday Target	66.1
Upside Intraday Target	78.26
Upside Intraday Target	81.36
Downside Intraday Target	73.73

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	75.16	73.11	76.83	69.20	1.384 times
19 Fri Jul 2024	72.82	82.40	82.40	71.50	1.015 times
19 Fri Apr 2024	78.75	80.00	83.95	77.45	0.459 times
12 Fri Apr 2024	84.65	91.00	95.95	83.40	0.622 times
05 Fri Apr 2024	87.15	69.60	89.15	68.15	2.102 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
26 Fri Jul 2024	75.16	74.78	76.83	69.20	0.318 times
22 Mon Apr 2024	80.05	69.60	95.95	68.15	0.916 times
28 Thu Mar 2024	67.05	85.75	87.55	62.75	1.017 times
29 Thu Feb 2024	84.70	106.00	112.10	82.40	0.856 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 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 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 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 Paramount Communications ( (PARACABLES) ) 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 Paramount Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Paramount Communications 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 74.36 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 falling down

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 has given negative 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.