Technicals for Deepak Fertilisers And Petrochemicals Corporation Limited

Price Summary

On 2026-06-03, Deepak Fertilisers And Petrochemicals Corporation Limited's stock opened at 1410.0, reached 1425.0, hit a low of 1376.3, and rose -0.22% to close at 1406.9, with 202060 shares traded.
The stock's highest price in the past 52 weeks is 1743.5, while its lowest price during the same period is 872.1.

Technicals

Support and Resistance: The price for DEEPAKFERT is 1406.9, with support at 1342.0 and resistance at 1456.5. This suggests a range where 1342.0 acts as a base, preventing declines, and 1456.5 caps gains, defining key trading levels.


Aroon: The AROON is in a neutral stance for DEEPAKFERT, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.


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.


Parabolic SAR: The PSAR for DEEPAKFERT 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.


Stochastic: The current reading of the STOCHASTIC is neutral for DEEPAKFERT, 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.


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Deepak Fertilisers And Petrochemicals Corporation Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade.


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.