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...
Paras defence is a stock from defence manufacturing sector. Stock has formed inverted head and shoulders pattern. Risky traders can enter before breakout for better risk reward. Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.
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...
paras has started forming probable W pattern 810 is imp to cross
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
Stock Name - Paras Defence and Space Technologies Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 620 #This is not Buy and Sell recommendation to any one....
PARAS Daily has trendline breakout/inverted head and shoulders breakout with 200 ema support on daily candle. Good to buy at 580 for targets of 697,811 with sl below 523
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completely missed sharing chart guys. can add at retest . SL will be 600 levels on DCB.
SWING TRADE-Paras Defence Has Formed Falling Wedge Pattern Daily Time Frame. Expect a 5-7 % on This Stock. Only Education Purpose ..
Paras Defence - Wait for breakout. If it breaks upside then good to go long positionally
Paras Defense has formed a descending triangle pattern. Given the recent correction in the Price of Paras Defense and the emphasis placed on defence stocks. I recommend to go long TGT- 800-850 SL- BELOW 660-650