Equity Research Update – Paras Defence and Space Technologies

CMP: ₹1,143 | Upside Potential: High
Paras Defence has broken out of a strong resistance zone (~₹1,120–₹1,160), confirmed by significant volume and bullish momentum. The RSI shows strength above 70, indicating buyer dominance. Historical resistance, marked by previous rejections, may now act as strong support. If sustained, this breakout could lead to a fresh uptrend. Investors may consider accumulating on dips with a medium-term target of ₹1,300–₹1,350, keeping a stop-loss below ₹1,080.
Recommendation: BUY on Breakout Confirmation
For Education Purpose only
Paras Defence has broken out of a strong resistance zone (~₹1,120–₹1,160), confirmed by significant volume and bullish momentum. The RSI shows strength above 70, indicating buyer dominance. Historical resistance, marked by previous rejections, may now act as strong support. If sustained, this breakout could lead to a fresh uptrend. Investors may consider accumulating on dips with a medium-term target of ₹1,300–₹1,350, keeping a stop-loss below ₹1,080.
Recommendation: BUY on Breakout Confirmation
For Education Purpose only
İşlem kapandı: hedefe ulaştı
TGTS 1300 DoneFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.