DEEPAKNTR - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 2.7

📉 DEEPAKNTR is currently in a reversing phase, with bearish momentum indicators and price action below key moving averages.

📊 Technical Overview

• Trend Status: Reversing — price has dropped significantly from its high of ₹2,908 to ₹1,734, nearing its 52-week low of ₹1,710.
• Moving Averages: Price is below both 50 DMA (₹1,798) and 200 DMA (₹1,985), confirming a bearish trend.
• RSI (33.0): Approaching oversold territory, indicating weak momentum and potential for a technical bounce.
• MACD (-18.4): Strong negative crossover supports continued bearish pressure.
• Bollinger Bands: Price near lower band, suggesting volatility and possible short-term support.
• Volume: Above average (2.01L vs 1.41L), indicating active selling pressure.

📌 Entry & Exit Zones

• Support Zone: ₹1,700–₹1,730 — potential entry zone if reversal signals emerge.
• Resistance Zone: ₹1,800–₹1,850 — ideal for exit or partial profit booking.
• Breakout Level: ₹1,985 — crossing 200 DMA could signal trend recovery.

✅ Positive

• Low debt-to-equity ratio (0.02) supports financial stability.
• EPS of ₹17.9 and consistent dividend payout (0.43%).
• Price action near support levels may offer short-term trading opportunities.

⚠️ Limitation

• Price trading below key moving averages with bearish MACD and weak RSI.
• Extremely high P/E (97.1) and negative PEG ratio (-4.94) suggest severe overvaluation.
• Low 52-week index (2.00%) indicates significant underperformance.

📰 Company Negative News

• Quarterly PAT dropped from ₹53.9 Cr to ₹30.3 Cr, indicating earnings pressure.
• Decline in FII holdings (-0.47%) may reflect foreign investor caution.

🌟 Company Positive News

• Stable fundamentals with low leverage and modest institutional support from DIIs (+0.09%).

🏭 Industry

• Operates in specialty chemicals, a sector driven by industrial demand and export dynamics.
• Industry P/E (33.1) is significantly lower than the stock’s, indicating a valuation premium.

🧾 Conclusion

• DEEPAKNTR is technically weak in the short term with bearish indicators and declining price action.
• Entry near ₹1,700–₹1,730 only if reversal signs strengthen; watch for breakout above ₹1,985.
• Long-term investors should evaluate valuation risks and earnings trends; short-term traders should remain cautious.