PARAS trade ideas
PARAS - H&S BreakoutStock is given Head and Shoulders Breakout on Monthly Time Frame.
Stock is Strong Resistance near 790-800 on 4 Hour Time Frame.
Strict Stop Loss is below 760.
Above 800 Daily Closing basis looks good for upside.
Excepted Return 15%...25%...35%
Paras Defence making inverted Head & Shoulder patternAs 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 & informational only, Do your own research before investing.
PARAS defense Elliot Wave Count : Get Ready For 10000+ target 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 countries)
4) China-Taiwan_USA (major showdown)
Its not good to profit on wars ethically, but leaving aside emotion and ethics in stock market, defense sector will be the only sector that can beat recession & wars.
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PARAS - Weekly AnalysisIn 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.
PARAS, the Defense Stock ready to take off 🔥🚀🔥🚀🔥🚀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🔥
PARAS DEFENCE DAILY PATTERN ENTRY im not a financial advisor , Paras defense low risk setup found here. NSE:PARAS
paras def- bullish?planning to accumalate at this levels. trying to make a bet on positional bet for coming months. good risk to reward ratio
PARASPARAS : Defence sector being in focus
In a bullish trend. Breakout of 725 will open the next levels of 760/835/935
Exit below 680
retested breakout in paras defenseA 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 closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Next All time High stock in defenseLot 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 gave breakout from falling wedge and ready for next move.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.
short-- 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 analysis and consult your financial adviser if need be
BREAKOUT, PARAS DEFENSE, 37% RETURNS!!!BUY - PARAS DEPENSE AND SPACE TECH LTD
CMP - Rs. 632
Target - 1: Rs. 755
Target - 2: Rs. 864
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Timeframe - 4-6 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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PARASPARAS - looking good and high volume
Buy above 620 | Tgt 665 | Tgt 595
It's my view, trade your own risk
PARAS - Ichimoku Bullish Breakout 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. This is for education purpose and a helping hand to learn trading in Market.
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Paras defence can retrace the fallThe price action of the stock suggests continued rise in the near -term.
PARAS Daily looking bullishPARAS 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
Update on Paras DefenceThe 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.
