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(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 2024-09-20 View latest technical analysis

10 day averaged volume of Paramount Communications is 9210129

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	93.12	92.01	93.90	91.51	0.3 times
19 Thu Sep 2024	91.08	96.88	98.03	90.50	0.586 times
18 Wed Sep 2024	96.01	95.20	98.78	93.67	1.069 times
17 Tue Sep 2024	95.00	95.85	95.94	93.05	0.393 times
16 Mon Sep 2024	94.96	96.00	100.63	94.30	1.285 times
13 Fri Sep 2024	94.79	90.70	98.70	90.01	2.551 times
12 Thu Sep 2024	90.10	89.50	90.85	88.05	0.429 times
11 Wed Sep 2024	88.56	90.72	92.95	88.07	0.896 times
10 Tue Sep 2024	90.21	90.00	94.80	89.35	1.54 times
09 Mon Sep 2024	88.90	90.50	91.27	86.02	0.467 times

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 93.2 as stoploss in an intra day sell trade for a target of 90.45. However, stock will show a bullish move above 93.2.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	62.75
Downside Target	68.15
Downside Target	72.31
Downside Target	77.69
Downside Target	81.50
Downside Target	86.02
Downside Target	90.50
Downside Target	92.85
Upside Target	95.00
Upside Target	95.95
Upside Target	98.70
Upside Target	100.63

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	88.87
Downside Intraday Target	84.62
Upside Intraday Target	99
Upside Intraday Target	104.88
Upside Intraday Target	94.75

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	93.12	96.00	100.63	90.50	0.617 times
13 Fri Sep 2024	94.79	90.50	98.70	86.02	1.249 times
06 Fri Sep 2024	89.86	90.50	95.00	87.06	1.023 times
30 Fri Aug 2024	88.79	82.10	92.85	81.50	4.683 times
23 Fri Aug 2024	81.27	80.50	83.10	77.69	1.005 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 Paramount Communications (PARACABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	93.12	90.50	100.63	86.02	1.581 times
30 Fri Aug 2024	88.79	82.00	92.85	72.31	4.773 times
31 Wed Jul 2024	81.62	74.78	82.57	69.20	0.769 times
22 Mon Apr 2024	80.05	69.60	95.95	68.15	0.916 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Paramount Communications ( (PARACABLES) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Paramount Communications in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 92.85 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.