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

(PARASPETRO) Paras Petrofils complete technical analysis [charts+indicators] | Buy/Sell Paras Petrofils | (PARASPETRO) share price targets

Complete technical analysis of Paras Petrofils (PARASPETRO) by charts plus indicators, forecast predictions and share price targets for Paras Petrofils (PARASPETRO)

Paras Petrofils trades in NSE in Textiles sector.

Showing technical analysis as on 2025-01-30 View latest technical analysis

10 day averaged volume of Paras Petrofils is 153775

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	2.84	2.88	2.95	2.82	1.199 times
29 Wed Jan 2025	2.92	2.98	3.03	2.88	0.944 times
28 Tue Jan 2025	2.92	2.98	3.04	2.88	1.032 times
27 Mon Jan 2025	2.92	3.11	3.11	2.89	0.97 times
24 Fri Jan 2025	2.99	2.99	3.00	2.86	0.931 times
23 Thu Jan 2025	2.86	2.93	3.04	2.83	0.782 times
22 Wed Jan 2025	2.92	3.03	3.10	2.90	0.708 times
21 Tue Jan 2025	2.98	2.98	3.08	2.95	0.788 times
20 Mon Jan 2025	2.98	3.04	3.09	2.96	0.985 times
17 Fri Jan 2025	3.04	3.07	3.25	3.01	1.398 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.9, but if it comes above 2.9, then a intra day buy could be more profitable.
If you take a sell trade below 2.9, then use 2.9 as stoploss and 2.7 as target. However if you take a buy trade in stock , then use 2.9 as stoploss and 2.98 as target.

Share price targets for Paras Petrofils (PARASPETRO)

Target Type	Value
Downside Target	0.10
Downside Target	0.15
Downside Target	2.72
Downside Target	2.82
Upside Target	3.00
Upside Target	3.10
Upside Target	3.11
Upside Target	3.23
Upside Target	3.25
Upside Target	3.40
Upside Target	3.44

Intraday share price targets for Paras Petrofils (PARASPETRO)

Target Type	Value
Downside Intraday Target	2.74
Downside Intraday Target	2.63
Upside Intraday Target	3.03
Upside Intraday Target	3.21
Upside Intraday Target	2.92

Weekly technical analysis of Paras Petrofils (PARASPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	2.84	3.11	3.11	2.82	0.988 times
24 Fri Jan 2025	2.99	3.04	3.10	2.83	0.488 times
17 Fri Jan 2025	3.04	2.78	3.25	2.72	1.1 times
10 Fri Jan 2025	2.88	3.35	3.40	2.87	0.672 times
03 Fri Jan 2025	3.28	3.13	3.44	3.00	329.267 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 Paras Petrofils (PARASPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	2.84	3.25	3.44	2.72	8.396 times
31 Tue Dec 2024	3.14	3.13	3.23	3.00	105.789 times
24 Mon Jul 2017	0.10	0.10	0.10	0.10	5.623 times
05 Mon Jun 2017	0.15	0.15	0.15	0.15	0.476 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Paras Petrofils (PARASPETRO)

Price action analysis of Paras Petrofils ( (PARASPETRO) ) 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 Paras Petrofils ( (PARASPETRO) ) based on a short 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 Paras Petrofils ( (PARASPETRO) ) 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 Paras Petrofils ( (PARASPETRO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Paras Petrofils stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Paras Petrofils Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Paras Petrofils in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Paras Petrofils is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.94 and Paras Petrofils (PARASPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Paras Petrofils (PARASPETRO) stock. Volume based technical analysis of Paras Petrofils (PARASPETRO) stock is negative.

Paras Petrofils 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.