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Technicals for Deepak Nitrite Limited
By MusingTheNews
2025-08-15 20:31
Overall Technical outlook
Price Summary
Deepak Nitrite Limited's stock saw a 3.14% surge, showcasing an impressive market day. On 2025-08-14, Deepak Nitrite Limited's stock opened at 1800.0, reached 1871.1, hit a low of 1775.0, and rose 3.14% to close at 1856.6, with 474235 shares traded. Over the previous 52 weeks, the stock reached a high of 2999.5 and a low of 1805.8. According to 17 analysts, the future price is anticipated to vary between 1659.0 and 2565.0, with an average expected price of around 2131.2354.
Technicals
Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for Deepak Nitrite Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Deepak Nitrite Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend. Parabolic Stop and Reverse chart for Deepak Nitrite Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Deepak Nitrite Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for DEEPAKNTR. 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.
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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