DEEPAKNTR - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis for DEEPAKNTR

⭐ IntraDay Trade Rating

2.7

DEEPAKNTR looks technically weak for a high-conviction intraday setup today. Despite a solid recovery in quarterly profits, the low RSI, bearish MACD, and continued price depression below key averages suggest cautious participation.

🧩 Technical Breakdown

RSI: 31.5 → Hovering near oversold territory; lacks bullish confirmation.

MACD: -20.8 → Deeply negative; persistent downtrend pressure.

Volume: 1.18L vs Avg 1.01L → Slight uptick, but not convincing enough for a breakout.

Price < DMA50 (₹1,958) and DMA200 (₹2,155) → Bearish trend confirmation in medium term.

52w Index: 6.11% → Trading very close to yearly lows — sentiment remains fragile.

FII holding marginally ↑ (0.04%), DII ↓ (-0.61%) → Mixed institutional positioning.

🛒 Fresh Entry (High-Risk)

Buy Zone: ₹1,860–₹1,870 Consider only if volume surges beyond 1.5L with RSI pushing past 35 and MACD flattening.

Profit Booking Targets

Primary: ₹1,885

Stretch: ₹1,900

Stop-Loss: ₹1,850 Breach here confirms continued weakness.

🔁 If Already Holding Intraday

Exit Triggers

Price fails to hold above ₹1,875 post-1:30 PM.

RSI remains below 33 and MACD histogram expands negatively.

Volume drops below 90K — a sign that interest is fizzling out.

Exit Targets

Profit Exit: ₹1,885–₹1,900

Stop Exit: ₹1,850

Trailing Stop Tip: If price pushes past ₹1,905 unexpectedly, trail SL to ₹1,880.

🧠 Quick Take

This one’s a slow burner right now. With technical indicators tilted heavily against short-term momentum, traders are better off waiting for a clean reversal structure or stronger volume injection. If you're building a watchlist for potential bounce-back trades, I can spotlight chemical stocks showing early signs of bottoming — just say the word. 🧪📈

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