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Deepak Spinners Limited

DEEPAKSP.BO•BSE
Industrials
Manufacturing - Textiles
₹112.96
₹-0.88(-0.77%)
Indian Market opens in 12h 38m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.05)
Trend Strength:Strong (ADX: 33.51)
Volatility:High (ATR: 7.07)
Support/Resistance:$93.42 – $116.94 (Bollinger Bands)

This mix signals that Deepak Spinners Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.05

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.91

Bearish
Overbought levels may trigger pullback.

Williams %R: -21.73

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.00

Bearish
Selling pressure outweighs buying.

Takeaway:Deepak Spinners Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -2.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.51

Strong
Strong trend, momentum well established.

ATR (14): 7.07

High
High volatility, wide price fluctuations.

CCI (14): 133.98

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Deepak Spinners Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$116.94
Middle Band (SMA 20)
$105.18
Lower Band
$93.42
Current Position
Within Bands

Takeaway:Deepak Spinners Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$121.14
Middle Line (EMA 20)
$106.99
Lower Channel
$92.85
Squeeze Status
Squeeze On

Takeaway:Deepak Spinners Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-16.15K
Money Flow Index37.86Bearish, selling pressure outweighs inflows.
Relative Vigor Index64.50Bullish, price momentum strongly favors buyers.

Overall Takeaway:DEEPAKSP.BO shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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

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