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Deepak Spinners Limited

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

Live technical indicators, trading signals, and momentum insights for Deepak Spinners Limited.

DEEPAKSP.BO●BSE
IndustrialsManufacturing - Textiles
₹129.00
₹0.60(0.47%)
Indian Market opens in 13h 10m
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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:Bullish to Bearish Risk (RSI: 72.30)
Trend Strength:Weak (ADX: 16.69)
Volatility:Medium (ATR: 5.19)
Support/Resistance:$104.51 – $129.85 (Bollinger Bands)

Overall, Deepak Spinners Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 72.30

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 95.74

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.16

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 16.24

Strongly Bullish
Strong upside momentum.

Takeaway:Deepak Spinners Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 3.93

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.69

Weak
Weak trend, market trading sideways.

ATR (14): 5.19

High
High volatility, wide price fluctuations.

CCI (14): 149.17

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$129.85
Middle Band (SMA 20)
$117.18
Lower Band
$104.51
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$129.95
Middle Line (EMA 20)
$119.58
Lower Channel
$109.21
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-36.68K
Money Flow Index76.44Bullish, inflows support continued momentum.
Relative Vigor Index80.62Bullish, price momentum strongly favors buyers.

Overall Takeaway:DEEPAKSP.BO shows bullish money flow, with volume and vigor supporting buyers.

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.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

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

Technical Analysis FAQ