Big Move by Paras Defence!

image credit - leonardo.ai

Breakout Alert!

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Why Is This Important?

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What the Expert Says

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New Target Ahead

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200-Day Moving Average

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Why Now?

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Government Boost

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Paras in Spotlight

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46% Up This Year!

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Big Move by Paras Defence!

After weeks of sideways trading, Paras Defence shares jumped nearly 7% on Wednesday!

Breakout Alert!

The stock broke out of its old range — ₹1,320 to ₹1,475 — and went above ₹1,471.

Why Is This Important?

This breakout shows fresh bullish momentum, catching the eye of technical analysts.

What the Expert Says

SEBI-registered analyst Anupam Bajpai says the breakout is strong — now watch if the stock stays above ₹1,475.

New Target Ahead

If it holds above ₹1,475, the stock could move up toward ₹1,600!

200-Day Moving Average

The stock also closed above its 200-day average, a key sign of a long-term trend reversal.

Why Now?

Interest in defense and space stocks is rising fast.

Government Boost

PM Modi praised Made in India military tech during Operation Sindoor on May 12.

Paras in Spotlight

With strong technicals and a role in India's defense sector, Paras Defence is on traders’ watchlists.

46% Up This Year!

So far in 2025, Paras Defence has gained a whopping 46% year-to-date!