HomeTechnical SetupPARSVNATH
68tech score
/ 100

Parsvnath Developers Limited (PARSVNATH) — Technical Setup

₹1.84 +1.66%   Weak Downtrend Normal Volatility Bullish

As of 2026-09-18 close Sector: Infrastructure Construction

Summary

Parsvnath Developers Limited is in a weak downtrend on the daily chart, with the weekly trend bearish and the monthly trend bearish. RSI(14) is 71.4, MACD is above its signal line, ADX reads 49 (trending). The stock trades 68.5% below its 200-day average and 90.2% below its 52-week high. Volume in the latest session was 0.0× its 20-day average. Over three months it has underperformed the Nifty 50 by 34.7 percentage points. Nearest support is ₹1.35 and resistance ₹5.55. Its technical score is 68/100 (bullish).

Trend (daily)
Bearish
Trend (weekly)
Bearish
Trend (monthly)
Bearish
RSI (14)
71.40
MACD
Bullish
ADX (14)
48.72
Volume vs 20d avg
0.01×
Support
₹1.35 (−26.6%)
Resistance
₹5.55 (+201.6%)
RS vs Nifty (3M)
-34.70%
RS rating
1.00

🧮 How the 68/100 is built

Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.

Trend9/20
  • Close above 20-day EMA (10.75)3/3
  • 20-day EMA above 50-day EMA0/3
  • 50-day EMA above 200-day EMA0/3
  • Close above 200-day SMA (-68.49)0/3
  • SuperTrend (10,3) pointing up3/3
  • ADX ≥ 20 with +DI above −DI (trend has strength) (48.72)3/3
  • Weekly trend up (above a rising 30-week average)0/2
Momentum14/20
  • RSI(14) in the bullish zone (55-70 best) (71.40)4/6
  • MACD line above its signal line4/4
  • MACD line above zero (0.02)3/3
  • 12-day rate of change positive (23.49)3/3
  • Stochastic %K above %D0/2
  • Outperforming the Nifty 50 over 3 months (-34.70)0/2
Volume20/20
  • On-balance volume rising over 20 sessions5/5
  • Chaikin Money Flow (20) positive (0.79)5/5
  • More volume on up days than down days (20 sessions) (74.17)5/5
  • Close above 20-day VWAP (23.49)5/5
Volatility15/20
  • Daily range (ATR%) contained — ≤2.5% scores full (1.69)6/6
  • Price in the upper half of its Bollinger Bands (0.95)5/5
  • Shallow drawdown from the 52-week high (-90.19)0/5
  • Volatility contracting (20-day volatility below its 6-month median) (40.00)4/4
Support / Resistance10/20
  • Room to the next resistance (≥8% scores full) (201.63)5/5
  • Support close below (a tight, definable stop) (26.63)0/5
  • Broke above a 20-day high in the last 5 sessions5/5
  • Within 5% of the 52-week high (-90.19)0/5

🧭 Regime: Weak Downtrend

Normal Volatility — Bollinger width is in the 23th percentile of the last six months.

Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.

Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.

Opens the AI Backtester with the SuperTrend (10,3) rules for PARSVNATH — supertrend (10,3) flips to an uptrend.

🕰️ Multi-timeframe

TimeframeTrendRSI (14)MACD hist.
Monthly▼ Bearish37.61-1.21
Weekly▼ Bearish27.110.24
Daily▼ Bearish71.400.06

Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 47.31.

📶 Volume & VWAP

Relative volume
0.01×
5d / 20d volume
0.78×
Volume ROC (10d)
-69.78%
Up/down volume
74.17×
OBV (20d)
Rising
Chaikin MF (20)
0.79
VWAP 20d
₹1.49 (+23.49%)
VWAP 50d
₹1.53 (+20.26%)
Anchored VWAP · 52W low
₹1.49 (+23.49%)
Anchored VWAP · 52W high
₹7.19 (-74.41%)
Anchored VWAP · YTD
₹5.48 (-66.42%)
Avg turnover (20d)
₹0.27 Cr

VWAPs are computed from daily bars (typical price × volume), not intraday ticks.

💪 Relative strength

vs Nifty 1M
+31.71%
vs Nifty 3M
-34.70%
vs Nifty 6M
-73.83%
vs Nifty 1Y
-78.99%
RS rating
1.00
Mansfield RS
-74.34
vs Infrastructure index 3M
-32.81%
vs sector peers 3M
-28.91%

PARSVNATH ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.

🧱 Support & resistance

Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.

LevelPriceDistanceTouches
Resistance₹8.20+345.6%1
Resistance₹7.45+304.9%1
Resistance₹6.02+227.2%1
Resistance₹5.55+201.6%1
Close₹1.84
Support₹1.35−26.6%1

52-week range: ₹1.35 – ₹18.75 (-90.19% from the high).

🌀 Fibonacci

Measuring the down-swing from ₹9.80 (2026-04-15) to ₹1.35 (2026-08-25). Price has retraced 5.8% of it.

RatioPriceDistance
23.6% retracement₹3.34+81.8% nearest
38.2% retracement₹4.58+148.8%
50.0% retracement₹5.58+203.0%S/R confluence
61.8% retracement₹6.57+257.2%
78.6% retracement₹7.99+334.3%

🕯️ Candlesticks (last 5 sessions)

No classic candlestick pattern in the last five sessions.

↗️ Divergences

No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.

🏭 Infrastructure peers by technical score
Stock Close Chg Score Trend regimeRS rating (1-99)
IL&FSENGGIL&FS Engineering and Construction Company Limited ₹40.56 +4.00% 94 Uptrend 89.00
MAXESTATESMax Estates Limited ₹594.00 +2.84% 90 Strong Uptrend 86.00
SHREEJISPGShreeji Shipping Global Limited ₹708.05 +2.47% 88 Strong Uptrend 97.00
ACMESOLARAcme Solar Holdings Limited ₹435.25 +5.82% 87 Strong Uptrend 91.00
MBECLMcnally Bharat Engineering Company Limited ₹401.59 +5.00% 85 Strong Uptrend 99.00
NAZARANazara Technologies Limited ₹369.35 +1.88% 85 Strong Uptrend 87.00
FINCABLESFinolex Cables Limited ₹1,411 +1.10% 82 Strong Uptrend 91.00
IONEXCHANGION Exchange (India) Limited ₹442.30 +4.23% 82 Strong Uptrend 71.00
CEIGALLCeigall India Limited ₹373.75 -4.17% 81 Strong Uptrend 81.00
GAYAPROJGayatri Projects Limited ₹24.72 +4.66% 81 Uptrend 94.00
🔗 More on PARSVNATH

⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.

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