Overall Technical outlook

Price Summary

On 2026-02-02, Deepak Nitrite Limited's shares started at 1590.1, peaked at 1624.6, bottomed out at 1564.2, and ended 1.86% higher at 1619.6, with 87432 shares traded.
The stock's peak price over the last 52 weeks is 2379.9, with the lowest being 1522.7.
The projected price range for Deepak Nitrite Limited is between 1435.0 and 2160.0, with an expected mean price of 1798.5555, according to 18 analysts.

Technicals

Support and Resistance: With the current price at 1619.6, support is found at 1569.0 and resistance at 1762.3. These levels indicate where buyers might step in at 1569.0, while sellers could limit gains at 1762.3, defining a trading boundary for Deepak Nitrite Limited.
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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 maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Deepak Nitrite Limited


Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Stochastic chart for Deepak Nitrite Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near.
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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.