train has reached on station number 1300. it is a good Fibonacci support. i can also retest ipo candle high . moving as per plan
continuously from last two days its making inside candle . Now its moving up . however volume is still low. interesting to watch now
Interesting to watch Paras Defence is sustaining 1400 level. after today's low at 1401.15 it has retraced. I am still waiting for 1300 level but next 6 months view is very bullish. Let's see. It is Testing patience
A good closing below previous day low after a long time. This indicates a correction in near future. however I'll watch today's closing for the confirmation. A good correction will be seen if closing of 9th july closes below 8 july low. However after a sudden fall, price have retraced almost 60 points. Good to watch it on 9th july closing. Also, Good to watch...
Price Analysis & overview: 1. The overall defence sector is super bullish and the stock has started outperforming. 2. The strength of the BO candle shows big money is buying it. 3. Retest of the ATH BO level would be the best entry for a long position. 4. We rarely find these types of classic textbook type of picture-perfect breakouts! 5. We should remember that...
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.
paras defence stock forming Inverse Head & Shoulder in weekly. In Daily, It is forming Inverted H&S. It looks bullish for me. Chart Analysis & Targets are given. Need to plan accordingly
-Long base BO then Elections results create volatility but Setting up again: -Recovered fast with volumes then red candle on low vol n bounced from 10 ema -Defence stocks are making good setups -Good shakeout of 21 ema -tightness
-Posted great results. Whole defence sector strong. -Breakout from long base. -After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle. -Tightness - Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume. -Downtrendline tested 3 times.
#parasdefence Moving out of longrange BO as well. Parasdefence big potential for coming months. Keep in Radar. Disclaimer :consult your financial advisor. #technicals #StocksToBuy #stocks #StockMarkets #investing #Index #Nifty #Breakout #BreakoutStock #Defence
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...
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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