PARAS stock price analysis and expected future movements
After giving its closing above 200 moving average, A sharp uptrend has been seen in the stock price of PARAS
From 30th April 2025, the stock price started consolidating between 1320 and 1475 levels
Today it has broken the consolidation phase and is trading above the resistance level of 1471
the stock price of PARAS has surged approximately 7% today
A further rise in stock price may be seen, and it may move towards the 1600 level
We will be Bullish until the stock price is trading above the 1475 level
1475 will act as an important support level now
As the support and resistance levels are interchangeable once broken
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