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Technicals for Deepak Fertilisers And Petrochemicals Corporation Limited
By MusingTheNews
2025-06-13 20:31
Overall Technical outlook
Price Summary
On 2025-06-12, DEEPAKFERT's stock began at 1585.0, peaked at 1637.0, dipped to 1551.3, and closed up -1.4% at 1562.8, with a volume of 811799 shares. Over the previous 52 weeks, the stock reached a high of 1577.2 and a low of 593.6. 3 analysts estimate that the future price of DEEPAKFERT will fall between 1337.0 and 1532.0, with an average price expectation of approximately 1423.0.
Technicals
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, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for DEEPAKFERT. Parabolic Stop and Reverse chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Stochastic: The K-line for DEEPAKFERT has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Deepak Fertilisers And Petrochemicals Corporation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for DEEPAKFERT, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Deepak Fertilisers And Petrochemicals Corporation Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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