PARAS

STOCK PRICE ANALYSIS AND EXPECTED FUTURE PRICE MOVEMENTS

On On 14th April on 14th mail on Wednesday, we discussed about

stating After closing above the 200 moving average, A sharp uptrend has been seen in the stock price of 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 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 Yesterday, the stock price rose 3.19% And today the stock price is trading above 7% from yesterday's closing price also, today the stock price has broken the important resistance level of 1595 A further rise in stock price may be seen 1595 will act as an important support level now As the support and resistance levels are interchangeable once broken bullish until the stock price is above 1595 level RSI 79