Overall Technical outlook

Price Summary

Deepak Nitrite Limited's stock tumbled -2.08% today, reflecting an lacklustrending market day.
On 2025-04-25, Deepak Nitrite Limited's stock opened at 2003.0, spiked to 2018.5, declined to 1920.0, and closed -2.08% down at 1961.3, with 162712 shares traded.
Throughout the 52-week period, the stock hit a high of 3102.6 and a low of 1807.35.
Analysts' predictions indicate that DEEPAKNTR's future price will be between 1438.0 and 2596.0, with a mean price expectation of approximately 2123.7222.

Technicals

Support and Resistance: The price of 1961.3 is supported at 1898.5 and capped by resistance at 2037.5. These levels mark key points for Deepak Nitrite Limited where the price could find stability, with 1898.5 as a floor and 2037.5 as a ceiling.
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Support/Resistance for DEEPAKNTR


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Aroon chart for Deepak Nitrite Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for DEEPAKNTR, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Deepak Nitrite Limited


Parabolic SAR: The PSAR for DEEPAKNTR continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Deepak Nitrite Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Stochastic chart for Deepak Nitrite Limited


Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction.
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Tripple SMA chart for Deepak Nitrite Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.