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Sai Parenterals Limited (SAIPARENT) — Technical Setup
₹510.75 +0.10% Strong Downtrend Volatility Contraction Strong bearish
Summary
Sai Parenterals Limited is in a strong downtrend on the daily chart. RSI(14) is 40.4, MACD is below its signal line, ADX reads 26 (trending). Volume in the latest session was 0.3× its 20-day average. Over three months it has underperformed the Nifty 50 by 10.0 percentage points. Nearest support is ₹471.25 and resistance ₹526.30. 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 (-2.36)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 up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (25.68)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (40.42)2/6
- MACD line above its signal line0/4
- MACD line above zero (-8.58)0/3
- 12-day rate of change positive (-1.54)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-9.98)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.33)0/5
- More volume on up days than down days (20 sessions) (1.26)5/5
- Close above 20-day VWAP (-3.48)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.49)4/6
- Price in the upper half of its Bollinger Bands (0.17)0/5
- Shallow drawdown from the 52-week high (-27.66)1/5
- Volatility contracting (20-day volatility below its 6-month median) (5.20)4/4
- Room to the next resistance (≥8% scores full) (3.04)1/5
- Support close below (a tight, definable stop) (7.73)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-27.66)0/5
🧭 Regime: Strong Downtrend
Volatility Contraction — Bollinger width is in the 0th percentile of the last six months.
Suits: Avoid longs / trend-following shorts. A strong downtrend: rallies are usually sold. Long setups need a completed reversal pattern first.
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 | — | — | — |
| Daily | ▼ Bearish | 40.42 | -0.03 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal. Price fell over 20 sessions while OBV rose (bullish price-volume divergence).
💪 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 | ₹622.80 | +21.9% | 1 |
| Resistance | ₹594.00 | +16.3% | 1 |
| Resistance | ₹576.70 | +12.9% | 2 |
| Resistance | ₹526.30 | +3.0% | 3 |
| Close | ₹510.75 | — | |
| Support | ₹471.25 | −7.7% | 3 |
52-week range: ₹400.00 – ₹706.00 (-27.66% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹400.00 (2026-04-02) to ₹706.00 (2026-07-02). Price has retraced 63.8% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹633.78 | +24.1% | |
| 38.2% retracement | ₹589.11 | +15.3% | S/R confluence |
| 50.0% retracement | ₹553.00 | +8.3% | |
| 61.8% retracement | ₹516.89 | +1.2% | nearest |
| 78.6% retracement | ₹465.48 | -8.9% | |
| 127.2% extension | ₹789.23 | +54.5% | |
| 161.8% extension | ₹895.11 | +75.2% | |
| 200.0% extension | ₹1,012.00 | +98.1% |
🕯️ Candlesticks (last 5 sessions)
- Hammer 2026-09-16 bullish Moderate · 50
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
⚠️ 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.
