Overall Technical outlook

Price Summary

On 2026-04-30, Deepak Nitrite Limited's stock opened at 1711.8, reached 1758.0, hit a low of 1709.5, and rose 1.47% to close at 1736.9, with 258904 shares traded.
The stock's peak price over the last 52 weeks is 2118.5, with the lowest being 1286.8.
The price projection is between 1130.0 and 2070.0, with an average expected price around 1703.8889, according to 18 analysts.

Technicals

Support and Resistance: With the current price at 1736.9, support is found at 1730.3 and resistance at 1730.3. These levels indicate where buyers might step in at 1730.3, while sellers could limit gains at 1730.3, defining a trading boundary for Deepak Nitrite Limited.
DEEPAKNTR supportResistance 174824
Support/Resistance for DEEPAKNTR


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
DEEPAKNTR aroon 174824
Aroon chart for Deepak Nitrite Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for DEEPAKNTR. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
DEEPAKNTR bbands 174824
Bolinger Bands chart for Deepak Nitrite Limited


Parabolic SAR: The PSAR for DEEPAKNTR maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
DEEPAKNTR psar 174824
Parabolic Stop and Reverse chart for Deepak Nitrite Limited


Stochastic: The stochastic indicator reflects bullish conditions for DEEPAKNTR, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength.
DEEPAKNTR stoch 174824
Stochastic chart for Deepak Nitrite Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for DEEPAKNTR, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
DEEPAKNTR trippleSMA 174824
Tripple SMA chart for Deepak Nitrite Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.