🚀 PARAS | Stage 2 Setup in Motion | ATH Watch
Paras Defence & Space Tech Ltd | Weekly Chart
🔍 Technical Overview:
Stock has broken out of a Stage 1 base spanning nearly a year 📦
Printed a wide-range breakout candle with a massive volume spike – signs of institutional accumulation
Currently trading above all key DMAs, including the 50D, 200D, and 30W averages
Cleared the ₹1,490–₹1,598 zone (1-year range high), but...
⚠️ ATH Not Yet Broken
₹1,598.5 remains the all-time high (ATH)
A clean breakout + retest + continuation beyond this ATH will offer stronger confirmation for positional targets
Until then, it’s a high-potential but early breakout — watch follow-through closely
📊 Trade Levels
Entry: ₹1,458.5
SL (Closing Basis): ₹1,262.8
Positional Target 1: ₹2,067.7
Positional Target 2: ₹2,856.3
📐 Risk:Reward
Risk = ₹195.7
Reward to T1 = ₹609.2 → R:R = 1 : 3
Reward to T2 = ₹1,397.8 → R:R = 1 : 7
🧠 Notes for Traders:
This is a technically strong breakout from a deep base
But ATH is a major psychological level — wait for confirmation or follow-up strength
No early entries without defined risk, especially in a high-volume breakout
Retests can offer better entries with lower risk exposure
🛡️ Risk Management First
No matter how clean the chart looks, position sizing and stop-loss discipline are non-negotiable.
Trade only what aligns with your system and tolerance. Protect capital first, chase profits second.
📜 Disclaimer: This is a personal technical view. Not investment advice. Always do your own research or consult a SEBI-registered advisor before taking any trade.
Paras Defence & Space Tech Ltd | Weekly Chart
🔍 Technical Overview:
Stock has broken out of a Stage 1 base spanning nearly a year 📦
Printed a wide-range breakout candle with a massive volume spike – signs of institutional accumulation
Currently trading above all key DMAs, including the 50D, 200D, and 30W averages
Cleared the ₹1,490–₹1,598 zone (1-year range high), but...
⚠️ ATH Not Yet Broken
₹1,598.5 remains the all-time high (ATH)
A clean breakout + retest + continuation beyond this ATH will offer stronger confirmation for positional targets
Until then, it’s a high-potential but early breakout — watch follow-through closely
📊 Trade Levels
Entry: ₹1,458.5
SL (Closing Basis): ₹1,262.8
Positional Target 1: ₹2,067.7
Positional Target 2: ₹2,856.3
📐 Risk:Reward
Risk = ₹195.7
Reward to T1 = ₹609.2 → R:R = 1 : 3
Reward to T2 = ₹1,397.8 → R:R = 1 : 7
🧠 Notes for Traders:
This is a technically strong breakout from a deep base
But ATH is a major psychological level — wait for confirmation or follow-up strength
No early entries without defined risk, especially in a high-volume breakout
Retests can offer better entries with lower risk exposure
🛡️ Risk Management First
No matter how clean the chart looks, position sizing and stop-loss discipline are non-negotiable.
Trade only what aligns with your system and tolerance. Protect capital first, chase profits second.
📜 Disclaimer: This is a personal technical view. Not investment advice. Always do your own research or consult a SEBI-registered advisor before taking any trade.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.