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Deepak Nitrite Limited

DEEPAKNTR.NS Technical Analysis Summary (NSE)

Analyze DEEPAKNTR.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DEEPAKNTR.NSNSE
1712.40
12.90(0.75%)
Indian Market opens in 47h 30m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DEEPAKNTR.NS Technical Analysis Summary (NSE)

Deepak Nitrite Limited (NSE: DEEPAKNTR.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.28)
Trend Strength:Moderate (ADX: 23.09)
Volatility:Medium (ATR: 50.75)
Support/Resistance:$1700.23 – $1800.01 (Bollinger Bands)

Technical conditions suggest Deepak Nitrite Limited on the NSE is awaiting a decisive move. Overall, Deepak Nitrite Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.28

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.91

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.14

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.82

Bearish
Selling pressure outweighs buying.

Takeaway:Deepak Nitrite Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 8.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 50.75

Rising
Rising volatility, market activity increasing.

CCI (14): -162.50

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Deepak Nitrite Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1800.01
Middle Band (SMA 20)
$1750.12
Lower Band
$1700.23
Current Position
Within Bands

Takeaway:Deepak Nitrite Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1841.36
Middle Line (EMA 20)
$1739.86
Lower Channel
$1638.36
Squeeze Status
Squeeze On

Takeaway:Deepak Nitrite Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.87M
Money Flow Index57.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.96Bearish, price momentum favors sellers.

Overall Takeaway:DEEPAKNTR.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Deepak Nitrite Limited (NSE: DEEPAKNTR.NS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Deepak Nitrite Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: DEEPAKNTR.NS) Technical Analysis FAQ