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Technicals for Deepak Fertilisers And Petrochemicals Corporation Limited
By MusingTheNews
2025-04-25 20:31
Overall Technical outlook
Price Summary
Deepak Fertilisers And Petrochemicals Corporation Limited's stock, on 2025-04-25 opened at 1324.0, climbed to a high of 1348.9, dropped to a low of 1267.1, and closed up -1.11% at 1309.3, with 468469 shares traded. The stock's highest price in the past 52 weeks is 1423.85, while its lowest price during the same period is 523.6. DEEPAKFERT's future price is expected to lie between 1337.0 and 1439.0, with an average expectation of 1392.0, as per the recommendations of 3 analysts.
Technicals
Support and Resistance: The current price for DEEPAKFERT is 1309.3, supported at 1300.6 with resistance at 1391.65. This indicates a trading range where 1300.6 might prevent further declines, while 1391.65 could hinder additional gains. Support/Resistance for DEEPAKFERT
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong market momentum, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the market's direction. Aroon chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Deepak Fertilisers And Petrochemicals Corporation Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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