DEEPAKFERT - Technical Analysis

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

Technical Rating: 4.2

Here’s a crisp technical snapshot of Deepak Fertilisers & Petrochemicals Corp Ltd (DEEPAKFERT) with momentum signals, chart cues, and trade strategy

📉 Trend Overview

Current Price: ₹1,607

Trading above 50 DMA (₹1,536) and well above 200 DMA (₹1,285) → confirms strong uptrend

Near-term price structure suggests trend continuation, supported by higher lows and rising DMAs

📊 Momentum Indicators

RSI: 53.2

Neutral to bullish zone → room for upside, no overbought signal

MACD: +0.86

Positive crossover → short-term momentum intact

Volume: ₹11.45L vs avg ₹4.26L

Surging volume confirms active accumulation phase

💹 Moving Averages

Indicator Level (₹) Signal

50 DMA 1,536 Minor support zone

200 DMA 1,285 Strong base

Sustained price action above both DMAs with volume validates bullish strength.

📎 Bollinger Bands

Price approaching upper band → suggests upward momentum

Band expansion aligns with rising volatility → potential breakout brewing if volume sustains

📍 Trade Plan

Zone Type Price Range (₹) Strategy

Entry Zone 1,565–1,590 Ideal accumulation on slight pullbacks

Resistance 1,725–1,755 Strong ceiling; watch for breakout volume

Exit Target 1,780–1,820 Swing targets post-breakout

Support Zone 1,500–1,520 Re-entry zone if broader pullback occurs

🧾 Additional Insights

FII & DII Holding ↑ → strong institutional conviction

PEG Ratio: 1.76 → growth in sync with valuation

EPS: ₹77.7 with P/E of 20.7 → solid earnings-driven momentum

Profit up 24.4% QoQ, ROCE/ROE >16%, and debt under control → strong fundamentals

🧭 Conclusion

Deepak Fertilisers is in a clear uptrend, backed by moving average support, bullish MACD, rising RSI, and heavy volume. Watch for breakout above ₹1,755 with upside targets near ₹1,800+. Dip buying near ₹1,570 offers attractive swing setups. Maintain trailing stop-loss near ₹1,500 to manage volatility.

Want me to visualize this setup with trendlines or track the volume breakout confirmation live?

Edit in a page