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Deepak Spinners Limited

DEEPAKSP.BO•BSE
Industrials
Manufacturing - Textiles
₹122.00
₹0.50(0.41%)
Indian Market opens in 6h 28m

Deepak Spinners Limited (DEEPAKSP.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Deepak Spinners Limited (BSE:DEEPAKSP.BO).

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

DEEPAKSP.BO Technical Analysis Summary

Deepak Spinners Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.52)
Trend Strength:Weak (ADX: 18.43)
Volatility:Medium (ATR: 5.94)
Support/Resistance:$112.66 – $133.39 (Bollinger Bands)

Technical conditions suggest Deepak Spinners Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.93

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.77

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.11

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 1.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.43

Weak
Weak trend, market trading sideways.

ATR (14): 5.94

High
High volatility, wide price fluctuations.

CCI (14): -102.69

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Deepak Spinners Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$133.39
Middle Band (SMA 20)
$123.02
Lower Band
$112.66
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$134.26
Middle Line (EMA 20)
$122.37
Lower Channel
$110.48
Squeeze Status
Squeeze On

Takeaway:Deepak Spinners Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-9.97K
Money Flow Index38.46Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.23Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DEEPAKSP.BO shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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 Spinners Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ