As you can see from the chart provided, an inverted H/S pattern is currntly emerging on this share, as soon as it breaks the necklin(i.e. - 800-805 level) it will start a journy towards it,s all time High. A good point for entry - 805 Target - ALL time high (1250) or 1:3 RR (1180). SL - 680 ( just below support @Daily TF) N.B. - This is for education &...
Here is a approximate Elliot wave 5 waves for Paras Defense. Reasons : 1) Ukraine-Russia War ( NATO will join ukraine in later half of this yr) 2) India will take back PoK after govt forms majority ( Pakistan is being attacked by Afghanistan,Iran, internally by unknown man ). With time India will seize the opportunity 3) Middle East Asia - (Israel vs Muslim...
In the Weekly Chart of PARAS , we can see that, It has given Trendline breakout, Also it has retested the same. Also, it is strongly moving towards Cup & Handle formation and its breakout. Keep a Watch if you want to trade.
Almost all Defense stocks has made a bull run, but #PARAS, which is set to soar🛫🔒Monthly resistance shattered, signaling a potential upward trend📈Keep an eye on this pocket pivot - could be the start of something big🔥
im not a financial advisor , Paras defense low risk setup found here. NSE:PARAS
planning to accumalate at this levels. trying to make a bet on positional bet for coming months. good risk to reward ratio
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...
Lot of orders being won by Defense stocks which are Paras's customer. so in the end Paras will get benefitted. Technically trend has changed and a weekly bollinger band blast with volumes getting increased. someone is allocating it. easy 100% possible until Diwali.
paras has started forming probable W pattern 810 is imp to cross
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.
-- Bearish flag pattern -- wait for the candle to break flag pattern Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own...
BUY - PARAS DEPENSE AND SPACE TECH LTD CMP - Rs. 632 Target - 1: Rs. 755 Target - 2: Rs. 864 . Timeframe - 4-6 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
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....
Will catchup with other defence stock rally ..forming classical breakout pattern