Parnax Lab Technical Analysis

Parnax Lab Ltd Technical Analysis

Parnax Lab Ltd technical analysis is gaining attention among traders and investors tracking Parnax Lab Ltd Technical Analysis trends in the Indian stock market. Parnax Lab Ltd (NSE: , BSE: 506128) is currently trading at ₹127, showing a -0.38% move as of Mon, Sep 21, 2026.

This detailed Parnax Lab Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Parnax Lab Ltd Stock Overview

Parnax Lab Ltd operates in the Health technology sector under the Pharmaceuticals: major industry. With a market capitalization of ₹145.92Cr and a PE ratio of 16.30, Parnax Lab Ltd remains a key stock to watch in Parnax Lab Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹145.92Cr
• PE Ratio: 16.30
• Dividend Yield: 0
• Sector: Health technology
• Industry: Pharmaceuticals: major

These fundamentals play an important role in Parnax Lab Ltd technical analysis and valuation tracking.

Parnax Lab Ltd Support and Resistance Levels

Classic Pivot Levels

In Parnax Lab Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 181.73
• Resistance 2: 154.73
• Resistance 1: 142.47
• Pivot Point: 127.73
• Support 1: 115.47
• Support 2: 100.73
• Support 3: 73.73

Conditional Insight

Parnax Lab Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 115.47 and 100.73.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Parnax Lab Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 154.73
• Fibonacci R2: 144.42
• Fibonacci R1: 138.05
• Fibonacci Pivot: 127.73
• Fibonacci S1: 117.42
• Fibonacci S2: 111.05
• Fibonacci S3: 100.73

Parnax Lab Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Parnax Lab Ltd Moving Average Analysis

Moving averages are key indicators in Parnax Lab Ltd technical analysis for identifying trend direction.

• 10 EMA: 125.82
• 20 EMA: 127.56
• 30 EMA: 128.91
• 50 EMA: 131.24
• 100 EMA: 133.81
• 200 EMA: 132.87

Trend Logic

Parnax Lab Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Parnax Lab Ltd technical analysis remains positive above 200 EMA.

Parnax Lab Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 41.53
• MACD: -2.10
• Signal: -1.45
• ADX: 19.33
• Momentum: -11.70

RSI Logic

Parnax Lab Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Parnax Lab Ltd technical analysis indicates bearish momentum with MACD below signal line.

Parnax Lab Ltd Overall Recommendation

• Overall Recommendation Score: -0.56
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.18

Overall Parnax Lab Ltd technical analysis sentiment remains neutral with mixed signals.

Parnax Lab Ltd Technical Analysis Conclusion

Parnax Lab Ltd technical analysis suggests that traders should closely monitor price action around ₹127 and key pivot level 127.73. Breakouts above resistance or breakdown below support will define the next trend in Parnax Lab Ltd technical analysis.

Investors searching for Parnax Lab Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Parnax Lab Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.