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Sai Parenterals Limited (SAIPARENT) — Technical Setup
₹480.70 -7.90% Weak Downtrend Volatility Expansion Strong bearish
Summary
Sai Parenterals Limited is in a weak downtrend on the daily chart. RSI(14) is 45.9, MACD is above its signal line, ADX reads 21. Volume in the latest session was 3.0× its 20-day average. Over three months it has underperformed the Nifty 50 by 8.3 percentage points. Nearest support is ₹471.25 and resistance ₹491.68. Its technical score is 22/100 (strong bearish).
🧮 How the 22/100 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.
- Close above 20-day EMA (-2.09)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (21.35)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (45.92)2/6
- MACD line above its signal line4/4
- MACD line above zero (-6.17)0/3
- 12-day rate of change positive (-3.00)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-8.33)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.16)0/5
- More volume on up days than down days (20 sessions) (0.83)0/5
- Close above 20-day VWAP (-2.15)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.19)2/6
- Price in the upper half of its Bollinger Bands (0.39)2/5
- Shallow drawdown from the 52-week high (-31.91)1/5
- Volatility contracting (20-day volatility below its 6-month median) (100.00)0/4
- Room to the next resistance (≥8% scores full) (2.28)1/5
- Support close below (a tight, definable stop) (1.97)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-31.91)0/5
🧭 Regime: Weak Downtrend
Volatility Expansion — Bollinger width is in the 73th 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 SAIPARENT — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | ▼ Bearish | 49.68 | -9.69 |
| Daily | ▼ Bearish | 45.92 | 3.38 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 44.73.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
SAIPARENT ÷ 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.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹594.00 | +23.6% | 1 |
| Resistance | ₹576.70 | +20.0% | 2 |
| Resistance | ₹526.30 | +9.5% | 5 |
| Resistance | ₹491.68 | +2.3% | 2 |
| Close | ₹480.70 | — | |
| Support | ₹471.25 | −2.0% | 3 |
| Support | ₹441.35 | −8.2% | 1 |
52-week range: ₹400.00 – ₹706.00 (-31.91% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹706.00 (2026-07-02) to ₹441.35 (2026-10-23). Price has retraced 14.9% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹503.81 | +4.8% | nearest |
| 38.2% retracement | ₹542.45 | +12.8% | |
| 50.0% retracement | ₹573.67 | +19.3% | S/R confluence |
| 61.8% retracement | ₹604.90 | +25.8% | |
| 78.6% retracement | ₹649.36 | +35.1% | |
| 127.2% extension | ₹369.37 | -23.2% | |
| 161.8% extension | ₹277.80 | -42.2% | |
| 200.0% extension | ₹176.70 | -63.2% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-11-09 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bearish Engulfing 2026-11-02 bearish Strong · 100
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens SAIPARENT passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| DIVISLABDivi's Laboratories Limited | ₹9,945.50 | +1.69% | 94 | Uptrend | 92.00 |
| ACUTAASAcutaas Chemicals Limited | ₹3,892.60 | -2.77% | 87 | Uptrend | 96.00 |
| SMSPHARMASMS Pharmaceuticals Limited | ₹504.15 | -1.41% | 87 | Strong Uptrend | 92.00 |
| CORONACORONA Remedies Limited | ₹2,171.10 | +1.00% | 86 | Uptrend | 84.00 |
| ZYDUSLIFEZydus Lifesciences Limited | ₹1,240.50 | -0.40% | 85 | Uptrend | 85.00 |
| PPLPHARMAPiramal Pharma Limited | ₹239.92 | +0.42% | 83 | Strong Uptrend | 90.00 |
| DRREDDYDr. Reddy's Laboratories Limited | ₹1,342.00 | -0.74% | 82 | Strong Uptrend | 76.00 |
| AARTIDRUGSAarti Drugs Limited | ₹453.80 | +4.27% | 81 | Strong Uptrend | 77.00 |
| ALIVUSAlivus Life Sciences Limited | ₹1,447.60 | +2.28% | 81 | Strong Uptrend | 92.00 |
| GLANDGland Pharma Limited | ₹3,066.60 | -0.95% | 80 | Uptrend | 94.00 |
⚠️ 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.
