Technicals for Deepak Nitrite Limited

Price Summary

On 2026-07-01, Deepak Nitrite Limited's stock began at 1556.4, climbed to 1572.4, dropped to 1534.0, and had -0.49% to end at 1548.8, with a volume of 404247 shares.
The stock reached its highest price of 1994.9 and lowest price of 1286.8 over the last 52 weeks.

Technicals

Support and Resistance: The price of 1548.8 is supported at 1488.8 and capped by resistance at 1603.4. These levels mark key points for Deepak Nitrite Limited where the price could find stability, with 1488.8 as a floor and 1603.4 as a ceiling.


Aroon: The Aroon indicator shows a continued bearish trend, with Aroon Down remaining at 100. This indicates strong downward momentum, but to understand the full implications, the trend should be examined alongside other technical indicators.


Bol. Bands: The current price has dipped below the lower Bollinger Band, indicating potential oversold conditions in the market. This move suggests that the selling pressure has increased significantly, driving prices to a critical low. The breach could either signal that the bearish trend will continue or that a reversal is imminent if the market begins to recover from these levels.


Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for DEEPAKNTR. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.


Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments.


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.