Technicals for Deepak Nitrite Limited

Price Summary

Deepak Nitrite Limited's stock, on 2026-06-03 opened at 1686.6, climbed to a high of 1718.8, dropped to a low of 1673.7, and closed up 0.73% at 1698.9, with 86999 shares traded.
During the past 52 weeks, the highest stock price was 1994.9, and the lowest was 1286.8.

Technicals

Support and Resistance: The current price sits at 1698.9, supported at 1641.8 and capped by resistance at 1752.0. These levels define a range for DEEPAKNTR where the price might stabilize, with 1641.8 as a floor and 1752.0 as a ceiling.


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for DEEPAKNTR. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.


Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.


Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling a likely start of a bullish move. This configuration suggests that the market may be beginning to recover from a low point, leading to possible gains for DEEPAKNTR. Traders may interpret this as a favorable entry point.


Tripple Moving Agerage: The Tripple MOVING AVG 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.


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.