PARASPETRO technical summary

At ₹1.86, Paras Petrofils Ltd is trading 10.7% below its 50-day average of ₹2.08 and 14.3% below its 200-day average of ₹2.17. The 14-day RSI is 28.6, in oversold territory (30 or below). MACD is -0.06 against a signal line of -0.05, so the MACD line sits below its signal line. ADX(14) reads 23.5, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹1.53 to ₹3.23, with the price 19% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹1.87, resistance ₹1.94 and ₹1.98, support ₹1.83 and ₹1.76.