The short-term outlook is bullish for Paras Defence & Space Technologies. The stock has surged about 13 per cent last week and has closed on a strong note. If this momentum sustains, there are good chances for the share price to go further higher in the coming weeks. Immediate support is at ₹750. Below that, ₹720-700 is the next important support zone. Paras Defence share price can rise to ₹850-₹860 in the coming weeks. Traders can buy Paras Defence shares now at ₹766. Accumulate on dips at ₹752. Keep the stop-loss at ₹715 initially. Trail the stop-loss up to ₹775 as soon as the stock goes up to ₹790. Revise the stop-loss higher to ₹795 and ₹820 when the share price touches ₹810 and ₹840 respectively. Exit the…
