PARAS DEFENCE is involved in developing systems for defense and space applications. It operates under five segments, Defense & Space Optics, Defense Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies. Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always...
📊 DETAILS Sector: Defence Mkt Cap: 3,161 cr Paras Defence and Space Technologies (PDST) is an Private sector company primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy...
A bullish Inverted Head & Shoulder Chart Pattern Breakout on the Weekly Time frame of NSE:PARAS Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
weekly chart has given triangle BO, it may try to test previous high
Paras offers a wide range of Products & Solutions for Defense & Space Applications. Success of Chandrayan may affect this stock. It gave breakout from falling wedge and ready for next move.
Check out my #PARAS analysis on @TradingView quantity as per your discretion
The Trade is now active. The Stock has broken out of a trendline with a massive volume. Stock looks ready to fire till 670 as a first target.
1. Major Support - 700 Major Resistance - 879, 1200. 2. Trend - Up. Deep pullback going on. 3rd Nov high break failed and lead to new low. Buying from 780 levels. 3. Current Strength - Buyers are trying to push above 780 continuously. However strength is still in selling side. 4. Future trend - Low 798 break and new low breaking 742. 5....