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(PARIN_SM) Parin Furniture complete technical analysis [charts+indicators] | Buy/Sell Parin Furniture | (PARIN_SM) share price targets

Complete technical analysis of Parin Furniture (PARIN_SM) by charts plus indicators, forecast predictions and share price targets for Parin Furniture (PARIN_SM)

10 day averaged volume of Parin Furniture is 2800

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Jun 2023	75.00	75.00	75.00	75.00	8.571 times
06 Tue Jun 2023	78.95	78.95	78.95	78.95	0.714 times
01 Thu Jun 2023	81.75	85.10	85.10	81.75	1.429 times
30 Tue May 2023	86.00	86.00	86.00	86.00	0.714 times
24 Wed May 2023	89.00	89.00	89.00	89.00	0.714 times
23 Tue May 2023	89.00	89.00	89.00	89.00	0.714 times
19 Fri May 2023	93.45	93.45	93.45	93.45	0.714 times
18 Thu May 2023	89.00	89.00	89.00	89.00	0.714 times
16 Tue May 2023	89.25	89.25	89.25	89.25	0.714 times
15 Mon May 2023	89.25	89.30	89.30	89.25	1.429 times

Stock of Parin Furniture (PARIN_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.6, but if it comes above 78.6, then a intra day buy could be more profitable.
If you take a sell trade below 78.6, then use 78.6 as stoploss and 71.3 as target. However if you take a buy trade in stock , then use 78.6 as stoploss and 84.76 as target.

Share price targets for Parin Furniture (PARIN_SM)

Target Type	Value
Downside Target	73.25
Downside Target	75.00
Upside Target	78.95
Upside Target	80.70
Upside Target	85.10
Upside Target	89.00
Upside Target	93.45
Upside Target	94.45
Upside Target	94.50
Upside Target	99.45
Upside Target	110.50

Intraday share price targets for Parin Furniture (PARIN_SM)

Target Type	Value
Downside Intraday Target	73.68
Downside Intraday Target	72.37
Upside Intraday Target	77.63
Upside Intraday Target	80.27
Upside Intraday Target	76.32

Weekly technical analysis of Parin Furniture (PARIN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Jun 2023	75.00	78.95	78.95	75.00	4.333 times
01 Thu Jun 2023	81.75	86.00	86.00	81.75	1.5 times
24 Wed May 2023	89.00	89.00	89.00	89.00	0.4 times
19 Fri May 2023	93.45	89.30	93.45	89.00	0.2 times
12 Fri May 2023	93.95	80.70	94.45	80.70	0.694 times

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

Monthly technical analysis of Parin Furniture (PARIN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Jun 2023	75.00	85.10	85.10	75.00	0.217 times
30 Tue May 2023	86.00	81.15	94.45	73.25	1.38 times
28 Fri Apr 2023	85.40	94.50	94.50	85.35	5.556 times
28 Tue Mar 2023	99.45	99.45	99.45	99.45	9 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 Parin Furniture (PARIN_SM)

Price action analysis of Parin Furniture ( (PARIN_SM) ) 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 Parin Furniture ( (PARIN_SM) ) 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 Parin Furniture ( (PARIN_SM) ) 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 Parin Furniture stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Parin Furniture in short term and the sell signal is strong.

Parin Furniture Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Parin Furniture in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Parin Furniture is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.72 and Parin Furniture (PARIN_SM) 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 Parin Furniture (PARIN_SM) stock. Volume based technical analysis of Parin Furniture (PARIN_SM) stock is negative.

Parin Furniture 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.