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Technicals for Deepak Nitrite Limited
By MusingTheNews
2025-10-17 20:31
Overall Technical outlook
Price Summary
On 2025-10-17, Deepak Nitrite Limited's stock opened at 1774.0, peaked at 1778.9, hit a low of 1763.0, and closed -0.21% down at 1770.2, with 70271 shares changing hands. During the past 52 weeks, the highest stock price was 2846.1, and the lowest was 1737.8. Analysts predict that the future price will fluctuate between 1528.0 and 2290.0, with the mean expected price being approximately 1946.2352.
Technicals
Support and Resistance: At 1770.2, the price is supported at 1762.3 and faces resistance at 1805.2. This range suggests that the price for DEEPAKNTR might stay between these levels, with 1762.3 acting as a floor and 1805.2 as a ceiling. Support/Resistance for DEEPAKNTR
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Deepak Nitrite Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Deepak Nitrite Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Deepak Nitrite Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Deepak Nitrite Limited
Stochastic: The stochastic indicator for DEEPAKNTR shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally. Stochastic chart for Deepak Nitrite Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Deepak Nitrite Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Deepak Nitrite Limited
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.
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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