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THREETREND RESEARCH

19th Jun · SEBI-Registered Analyst

$PARAS PARAS Defence & Space Technologies Ltd. gave a strong breakout above the long-term descending trendline after several months of consolidation. The price later retested the breakout zone around ₹740–₹760, where the previous resistance acted as new support. Following this successful retest, strong buying momentum emerged, leading to a sharp upmove and fresh highs, confirming a bullish trend continuation pattern.

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