Paras Defence shares fall over 2% after 30% rally in 3 sessions. What are charts suggesting? (opens original article in a new tab)

Paras Defence shares declined 2.5% on Monday after a 30% three-day rally, with technical indicators suggesting a bullish trend, while India's defence production increased 15.6% to Rs 1.78 lakh crore in FY26.

• Paras Defence shares fell 2.5% on Monday after a 30% rise over three sessions
• Technical analysis suggests a bullish trend with support zone at Rs 1,300-1,310
• Foreign institutional investors increased holdings in Paras Defence from 3.46% to 5.06%
• India's defence production rose 15.6% to Rs 1.78 lakh crore in FY26