Amit N Mahajan says: “Paras Defence is into a wide range of technologies and serving platforms from, say, a small UAV to a large submarine or aircraft carrier or for that matter fighter jets. We are across all platforms. Paras will directly or indirectly benefit from any indigenisation or any big or a small deal announcement that the Ministry of Defence makes, because from components to systems, we are there.”
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish