Is PARAMOUNT COMMUNICATIONS in uptrend or downtrend?

In the short term price movements in PARACABLES share indicates the market has a decisive bullish trend.

What is PARAMOUNT COMMUNICATIONS share price forecast for tomorrow?

In Paramount Communications Limited stock current resistance level is at 36 and support level is at 29. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are PARAMOUNT COMMUNICATIONS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Paramount Communications Limited in the short-term, the supply zone around 36 and 40. Hence, good chances of resistance around 40. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Paramount Communications Limited share is around 29 and 30. Hence, good chances for support around 30.

Why is PARAMOUNT COMMUNICATIONS share price falling today?

Perhaps PARACABLES stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

PARAMOUNT COMMUNICATIONS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data