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Deepak Nitrite Limited

DEEPAKNTR.NSNSE
1739.80
-84.20(-4.62%)
Indian Market opens in 59h 36m

Deepak Nitrite Limited (DEEPAKNTR.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Deepak Nitrite Limited (NSE:DEEPAKNTR.NS).

Disclaimer for Technical Analysis Page

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

Deepak Nitrite Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.12)
Trend Strength:Strong (ADX: 36.93)
Volatility:Medium (ATR: 72.66)
Support/Resistance:$1661.90 – $1910.57 (Bollinger Bands)

Technical signals confirm buyers remain in control of Deepak Nitrite Limited’s price action.

Momentum Indicators

RSI (14): 57.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 51.96

Neutral
Mid-range signal with no clear trend.

Williams %R: -62.59

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.79

Bullish
Steady upward momentum.

Takeaway:Deepak Nitrite Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 62.98

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.93

Strong
Strong trend, momentum well established.

ATR (14): 72.66

Rising
Rising volatility, market activity increasing.

CCI (14): -38.80

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1910.57
Middle Band (SMA 20)
$1786.23
Lower Band
$1661.90
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1908.00
Middle Line (EMA 20)
$1762.67
Lower Channel
$1617.34
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 Volume2.75M
Money Flow Index57.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.32Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DEEPAKNTR.NS shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Deepak Nitrite Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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.

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