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PARACABLES

Paracables- Cables setup for climbing higher.1. Price is currently high above the multiyear strong support and ascending parallel channel 2. Fib 0.618 retracement done in monthly which is exactly matching with the support line of 44.95 3. After the RB breakout, it formed a flag pattern in monthly and yet to breakout. 4. Once breakout done, first target will be 90.51 and second target will be 220 5. Note: This setup is for long term only. So patience needed to achieve the desired results. Note: This is for educational purpose only and not a stock recommendation.
BSE:PARACABLESLong
by Flash_J
PARAMOUNT COMA LTD📊 PARAMOUNT COMA LTD (1D) – CMP ₹60.08 📅 Date: May 20, 2025 📈 Exchange: NSE 📌 Ticker: PARACABLES 🧠 Technical Analysis Overview ✅ Bullish W-Pattern (Double Bottom): Price has formed a strong W-pattern, also known as a double bottom, indicating a potential trend reversal. The neckline breakout above ₹58.00 confirms bullish momentum. ✅ Downtrend Breakout: The long-term falling trendline has been broken decisively with strong bullish candles and increasing volume – a classic reversal signal. ✅ Volume Spike: Breakout has occurred with significant volume (1.98M), confirming the strength of the move and hinting at potential institutional entry. ✅ Fibonacci Retracement Levels: 🔶 38.2% – ₹65.69 🟩 50.0% – ₹72.36 🟩 61.8% (Golden Ratio) – ₹79.03 💡 Price Action Strategy 🧱 Key Support & Resistance Levels 🟩 Support ₹58.00 – Previous neckline breakout level ₹50.00 – Mid-range base level 🟥 Resistance (Fibonacci-based) ₹65.69 – 38.2% ₹72.36 – 50% ₹79.03 – 61.8% Golden Ratio 📌 Conclusion PARAMOUNT COMA LTD has triggered a strong breakout after forming a W-pattern and clearing a key trendline. With volume confirmation and upside potential toward Fibonacci levels, this could be a promising swing trade setup. Retesting ₹58 zone could offer a perfect entry opportunity. 📌 Disclaimer: This is for educational purposes only. Not financial advice. Always do your own research or consult a financial advisor.
NSE:PARACABLESLong
by PriceAction_Pulse
#ICEMAKE 81.40 #Target 96(15%+) #stocks #banknifty #itc #HLVLTD#ICEMAKE NSE: ICEMAKE CMP 81.40 Target 1: 88 Target 2: 96 SL 74 RR Ratio > 2 Time Frame < 45D Factors: Inverted Head and Shoulder Pattern Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:ICEMAKELong
by Rachit_Sethia