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Stock analysis Deepak Nitrite Limited DEEPAKNTR

More indepth analysis on MunafaSutra.com

Moving Averages for Deepak Nitrite Limited

  • 5Day Average: 2476.25
  • 12Day Average: 2539.84
  • 20Day Average: 2596.26
  • 50Day Average: 2645.25
  • 100Day Average: 2759.55
  • 150Day Average: 2754.17
  • 200Day Average: 2649.28

DEEPAKNTR Indicators & signals

Indicator MACD (12,26,9)

2528.59, 2588.54, -43.09
Indicator MACD is in negative zone

Indicator ADX (14)

56.45, 9.04, 32.47
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of DEEPAKNTR Deepak Nitrite Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon Jan 2025 2421.00 2413.55 to 2468.05 -1.29% 1.29 times
03 Fri Jan 2025 2452.70 2445.00 to 2527.35 -2.48% 3.64 times
02 Thu Jan 2025 2515.20 2477.45 to 2519.00 0.69% 0.41 times
01 Wed Jan 2025 2498.05 2484.35 to 2516.60 0.15% 0.31 times
31 Tue Dec 2024 2494.30 2490.00 to 2550.00 -0.77% 1.31 times
30 Mon Dec 2024 2513.60 2506.25 to 2580.00 -2.56% 0.98 times
27 Fri Dec 2024 2579.75 2570.00 to 2605.00 0.33% 0.48 times
26 Thu Dec 2024 2571.25 2548.35 to 2618.00 -1.18% 0.62 times
24 Tue Dec 2024 2601.90 2580.35 to 2632.60 0.27% 0.46 times
23 Mon Dec 2024 2594.80 2571.60 to 2626.00 -0.08% 0.55 times
20 Fri Dec 2024 2596.85 2586.20 to 2665.00 -1.59% 1.25 times
19 Thu Dec 2024 2638.70 2595.05 to 2642.90 0.2% 0.52 times

Technical analysis forecast for Deepak Nitrite Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Deepak Nitrite Limited DEEPAKNTR at this time. Stock is falling and might fall more.

It appears as if Deepak Nitrite Limited DEEPAKNTR gave a large move recently.

Stock of Deepak Nitrite Limited (DEEPAKNTR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Deepak Nitrite Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Deepak Nitrite Limited stays below 2479.7, but if it comes above 2479.7, then a intra day buy could be more profitable.
If you take a sell trade below 2479.7, then use 2479.7 as stoploss and 2374 as target. However if you take a buy trade in Deepak Nitrite Limited, then use 2479.7 as stoploss and 2567.81 as target.

More indepth analysis on MunafaSutra.com