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PARAS Share Price Target - Tomorrow, Next Week & Next Month

Paras Defence and Space Technologies Limited

Company LogoSymbol: PARAS
Price: ₹977.54
Exchange: NSE
Industrials -> Aerospace & Defense
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PARAS Recent Performance

Over the past 20 trading days, the value of PARAS's stock has decreased by ₹80.40 (-7.60%). On 17 Oct 2024, one share was worth ₹1057.94 and by 19 Nov 2024, the value dropped to ₹977.54. During this period it created a highest high of ₹1091.00 and lowest low of ₹895.95.

Below Image represents line chart of daily close price of PARAS, helping you visualize how the price has changed day by day.

PARAS Recent Daily Close Chart

Chart: PARAS Share Price Target - Tomorrow

PARAS Targets For Tomorrow Chart

The line chart displays the PARAS daily closing prices for the past 20 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for PARAS shares for Tue 19 Nov 2024, see the table below.

Table: PARAS Share Price Target - Tomorrow

By analyzing PARAS stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 25 Nov, 2024!

PARAS's LevelsValueReason/Importance
Tomorrow Target 31015.36 (+3.86%)Fibonacci Extension Level 123.6%
Tomorrow Target 21004.79 (+2.78%)Price Action: Nov 2024 High
Tomorrow Target 1987.54 (+1.02%)Price Action: 18 Nov 2024 High
Current Price977.54PARAS's 1 share price as of Tue 19 Nov 2024
Stop Loss 1973.20 (-0.45%)Price Action: 28 Oct 2024 High
Stop Loss 2969.58 (-0.82%)Fibonacci Retracement Level 78.6%
Stop Loss 3960.00 (-1.8%)Price Action: Nov 2024 Low

Summary: PARAS Share Price Prediction For Tomorrow

Tue 19 Nov 2024: PARAS finished the day at ₹977.54, gaining ₹20.20 (+2.11%) in 1 day.

In summary, our analysis of PARAS for tomorrow predicts a rise of 1.02% to 3.86% with three potential targets T1: ₹987.54, T2: ₹1004.79, T3: ₹1015.36 and Stop-Loss (SL) at SL1: ₹973.20, SL2: ₹969.58, SL3: ₹960.00.

Additionally, we've identified a support level at ₹960.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1004.79, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

Over the last 20 trading days, the stock has dropped -7.60%, indicating it could be a good option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 1091.00 and 895.95.

After looking at tomorrow's share price prediction, let's now check what next week might hold for PARAS.

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Chart: PARAS Share Price Target - Next Week

PARAS Targets For Next Week Chart

The chart displays the PARAS weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for PARAS shares for next week, see the table below.

Table: PARAS Share Price Target - Next Week

By analyzing PARAS stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

PARAS's LevelsValueReason/Importance
Next Week Target 31050.00 (+7.41%)Price Action: 07 Nov 2024 Low
Next Week Target 21037.25 (+6.1%)Price Action: 11 Nov 2024 High
Next Week Target 11015.95 (+3.92%)Price Action: 05 Nov 2024 Low
Current Price977.54PARAS's 1 share price as of Tue 19 Nov 2024
Stop Loss 1966.04 (-1.18%)Price Action: 22 Oct 2024 Low
Stop Loss 2953.00 (-2.52%)Price Action: 29 Oct 2024 Low
Stop Loss 3943.19 (-3.52%)Technical Indicator: MA250

Summary: PARAS Share Price Prediction For Next Week

As of Tue 19 Nov 2024, PARAS share price stands at ₹977.54, losing ₹-26.55 (-2.71%) in this week.

In summary, our analysis of PARAS for next week predicts a rise of 3.92% to 7.41% with three potential targets T1: ₹1015.95, T2: ₹1037.25, T3: ₹1050.00 and Stop-Loss (SL) at SL1: ₹966.04, SL2: ₹953.00, SL3: ₹943.19.

Additionally, we've identified a support level at ₹938.34 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1004.79, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for PARAS.

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Chart: PARAS Share Price Target - Next Month

PARAS Targets For Next Month Chart

The chart displays the PARAS monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for PARAS shares for next month, see the table below.

Table: PARAS Share Price Target - Next Month

By analyzing PARAS stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

PARAS's LevelsValueReason/Importance
Next Month Target 31050.00 (+7.41%)Price Action: 07 Nov 2024 Low
Next Month Target 21037.25 (+6.1%)Price Action: 11 Nov 2024 High
Next Month Target 11019.25 (+4.26%)Price Action: 12 Nov 2024 High
Current Price977.54PARAS's 1 share price as of Tue 19 Nov 2024
Stop Loss 1966.04 (-1.18%)Price Action: 22 Oct 2024 Low
Stop Loss 2955.14 (-2.3%)Fibonacci Retracement Level 71.8%
Stop Loss 3943.19 (-3.52%)Technical Indicator: MA250

Summary: PARAS Share Price Prediction For Next Month

As of Tue 19 Nov 2024, PARAS share price stands at ₹977.54, losing ₹-64.46 (-6.19%) in this month.

In summary, our analysis of PARAS for next month predicts a rise of 4.26% to 7.41% with three potential targets T1: ₹1019.25, T2: ₹1037.25, T3: ₹1050.00 and Stop-Loss (SL) at SL1: ₹966.04, SL2: ₹955.14, SL3: ₹943.19.

Additionally, we've identified a support level at 960.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1091.00, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for PARAS, we created a specific page for that check here: PARAS Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on PARAS short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Paras Defence and Space Technologies Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter