PARNAXLAB technical summary

At ₹103.72, Parnax Lab Limited is trading 12.7% below its 50-day average of ₹118.77 and 12.8% below its 200-day average of ₹118.92. The 14-day RSI is 40.3, in the neutral range between 30 and 70. MACD is -3.47 against a signal line of -3.89, so the MACD line sits above its signal line. ADX(14) reads 27.4, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹90 to ₹149.5, with the price 23% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹106.5, resistance ₹111 and ₹115, support ₹102.5 and ₹98.