Paramount Communications Technical Analysis

Paramount Communications Ltd Technical Analysis

Paramount Communications Ltd technical analysis is gaining attention among traders and investors tracking Paramount Communications Ltd Technical Analysis trends in the Indian stock market. Paramount Communications Ltd (NSE: PARACABLES, BSE: 530555) is currently trading at ₹32.63, showing a 0.43% move as of Wed, Mar 18, 2026.

This detailed Paramount Communications Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Paramount Communications Ltd Stock Overview

Paramount Communications Ltd operates in the Producer manufacturing sector under the Electrical products industry. With a market capitalization of ₹9.92B and a PE ratio of 17.17, Paramount Communications Ltd remains a key stock to watch in Paramount Communications Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹9.92B
• PE Ratio: 17.17
• Dividend Yield: 0
• Sector: Producer manufacturing
• Industry: Electrical products

These fundamentals play an important role in Paramount Communications Ltd technical analysis and valuation tracking.

Paramount Communications Ltd Support and Resistance Levels

Classic Pivot Levels

In Paramount Communications Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 55.71
• Resistance 2: 45.81
• Resistance 1: 40.33
• Pivot Point: 35.91
• Support 1: 30.43
• Support 2: 26.01
• Support 3: 16.11

Conditional Insight

Paramount Communications Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 30.43 and 26.01.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Paramount Communications Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 45.81
• Fibonacci R2: 42.03
• Fibonacci R1: 39.70
• Fibonacci Pivot: 35.91
• Fibonacci S1: 32.13
• Fibonacci S2: 29.80
• Fibonacci S3: 26.01

Paramount Communications Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Paramount Communications Ltd Moving Average Analysis

Moving averages are key indicators in Paramount Communications Ltd technical analysis for identifying trend direction.

• 10 EMA: 33.57
• 20 EMA: 34.02
• 30 EMA: 34.46
• 50 EMA: 35.29
• 100 EMA: 37.83
• 200 EMA: 43.43

Trend Logic

Paramount Communications Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Paramount Communications Ltd technical analysis remains positive above 200 EMA.

Paramount Communications Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 53.39
• MACD: -0.65
• Signal: -0.79
• ADX: 17.64
• Momentum: 1.76

RSI Logic

Paramount Communications Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Paramount Communications Ltd technical analysis indicates bearish momentum with MACD below signal line.

Paramount Communications Ltd Overall Recommendation

• Overall Recommendation Score: 0.16
• Moving Average Recommendation: 0.13
• Other Indicators Recommendation: 0.18

Overall Paramount Communications Ltd technical analysis sentiment remains neutral with mixed signals.

Paramount Communications Ltd Technical Analysis Conclusion

Paramount Communications Ltd technical analysis suggests that traders should closely monitor price action around ₹32.63 and key pivot level 35.91. Breakouts above resistance or breakdown below support will define the next trend in Paramount Communications Ltd technical analysis.

Investors searching for Paramount Communications Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Paramount Communications Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.