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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 2025-02-24 View latest technical analysis

10 day averaged volume of Paramount Communications is 1163042

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	62.43	64.60	65.08	62.00	0.873 times
21 Fri Feb 2025	64.05	63.20	64.85	61.00	0.727 times
20 Thu Feb 2025	63.40	61.00	63.63	60.30	0.793 times
19 Wed Feb 2025	61.04	56.61	61.76	55.48	0.911 times
18 Tue Feb 2025	56.61	58.87	60.00	55.66	1.036 times
17 Mon Feb 2025	58.87	60.01	60.89	57.61	0.962 times
14 Fri Feb 2025	59.86	60.60	63.72	59.30	1.413 times
13 Thu Feb 2025	60.29	61.21	62.64	59.63	0.715 times
12 Wed Feb 2025	61.22	62.90	63.70	59.64	1.35 times
11 Tue Feb 2025	62.42	66.50	66.90	61.50	1.641 times

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 60.4 as stoploss in an intra day buy trade for a target of 64.67. However, stock will show a bearish move below 60.4.

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	55.48
Downside Target	59.30
Downside Target	61.16
Upside Target	63.61
Upside Target	67.01
Upside Target	71.60
Upside Target	72.61
Upside Target	75.89
Upside Target	87.30
Upside Target	90.10
Upside Target	90.15

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	61.26
Downside Intraday Target	60.09
Upside Intraday Target	64.34
Upside Intraday Target	66.25
Upside Intraday Target	63.17

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	62.43	64.60	65.08	62.00	0.197 times
21 Fri Feb 2025	64.05	60.01	64.85	55.48	0.795 times
14 Fri Feb 2025	59.86	67.69	68.74	59.30	0.644 times
07 Fri Feb 2025	67.68	63.00	71.60	61.16	1.704 times
31 Fri Jan 2025	72.14	70.00	72.61	63.61	1.254 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
24 Mon Feb 2025	62.43	63.00	71.60	55.48	0.642 times
31 Fri Jan 2025	72.14	82.74	87.30	63.61	0.507 times
31 Tue Dec 2024	82.79	71.01	90.10	67.50	3.484 times
29 Fri Nov 2024	71.84	73.08	75.89	64.50	0.381 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 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 BUY signal for Paramount Communications 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.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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 60.93 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 negative.

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