$PARAS

Paras Defence – Breakout Watch Important Levels: Support: ₹1,210 – ₹1,170 Resistance: ₹1,300 – ₹1,360 Structure: Strong momentum after a fresh corporate development Business: Defence and space technology company. Manufactures defence optics, electronics and advanced engineering systems. Beneficiary of India's defence indigenisation initiative. Earnings / Trigger: Paras Defence is in focus after its subsidiary signed a ₹6,200 crore MoU for a semiconductor facility in Madhya Pradesh, boosting investor interest. Verdict: 👉 Defence & semiconductor theme remains attractive 👉 Watch for breakout confirmation after the recent news-driven move