PARAS

stock price expected to fall

The stock price of Faras

is trading in over overbought zone After a rapid increase in the stock price The candlestick form was outside the upper band of the Bollinger band, which indicates that the stock price is trading at over overbought zone and A fall in the stock price is expected and RSI was also closed at 84, which also indicates that the stock is trading in over bought zone and a correction is expected in the near future Today the stock price has fallen approximately 5% till now, further falls in the stock price may be expected and It may move towards the important support level of 1475