DEEPAKNTR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | DEEPAKNTR | Market Cap | 23,468 Cr. | Current Price | 1,721 ₹ | High / Low | 2,129 ₹ |
| Stock P/E | 119 | Book Value | 236 ₹ | Dividend Yield | 0.44 % | ROCE | 7.43 % |
| ROE | 6.23 % | Face Value | 2.00 ₹ | DMA 50 | 1,676 ₹ | DMA 200 | 1,710 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | 0.26 % | PAT Qtr | 38.8 Cr. | PAT Prev Qtr | 15.5 Cr. |
| RSI | 47.8 | MACD | 31.0 | Volume | 2,34,998 | Avg Vol 1Wk | 1,86,093 |
| Low price | 1,280 ₹ | High price | 2,129 ₹ | PEG Ratio | -4.84 | Debt to equity | 0.02 |
| 52w Index | 51.9 % | Qtr Profit Var | -28.0 % | EPS | 13.8 ₹ | Industry PE | 29.6 |
📈 Chart & Trend Analysis: DEEPAKNTR is trading at ₹1,721, slightly above its 50 DMA (₹1,676) and 200 DMA (₹1,710), showing mild bullish bias. RSI at 47.8 indicates neutral momentum. MACD at 31.0 reflects positive divergence, supporting short-term upside. Bollinger Bands place price mid-range, suggesting consolidation rather than breakout.
🔎 Momentum Signals: Current volume (2.35L) is above the 1-week average (1.86L), showing strong participation. Short-term momentum favors mild upside, with resistance near ₹1,750–₹1,780.
🎯 Entry Zone: ₹1,700–₹1,715 (support near DMA cluster)
🚪 Exit Zone: ₹1,750–₹1,780 (resistance zone)
🛑 Stop-Loss: ₹1,680 (below support)
📊 Trend Status: Consolidating with mild bullish undertones; reversal possible if price sustains above ₹1,780.
Positive
- Trading above both 50 DMA and 200 DMA confirms short-term bullish bias.
- MACD positive (31.0) supports momentum continuation.
- EPS at ₹13.8 provides earnings visibility.
- FII (+0.13%) and DII (+0.26%) inflows reflect investor confidence.
- Low debt-to-equity (0.02) ensures financial stability.
Limitation
- High P/E (119) compared to industry PE (29.6) signals severe overvaluation.
- Quarterly PAT dropped sharply (₹38.8 Cr vs ₹15.5 Cr previously), showing earnings volatility.
- ROE (6.23%) and ROCE (7.43%) are modest compared to peers.
- PEG ratio (-4.84) reflects poor growth-adjusted valuation.
Company Negative News
- Quarterly profit variation (-28.0%) highlights earnings weakness.
- Valuation multiples remain stretched relative to industry.
Company Positive News
- Institutional inflows (FII and DII) show confidence despite earnings weakness.
- Strong historical price performance with 52w Index at 51.9%.
Industry
- Industry PE at 29.6 is far lower than DEEPAKNTR’s 119, highlighting valuation risk.
- Chemicals sector remains cyclical, influenced by demand and input costs.
Conclusion
⚖️ DEEPAKNTR is consolidating with mild bullish undertones, supported by volume and institutional inflows. Entry near ₹1,700–₹1,715 offers favorable positioning, with exits around ₹1,750–₹1,780. However, sharp earnings decline and stretched valuations warrant cautious accumulation, with strict stop-loss management near ₹1,680.
Would you like me to expand this into a chemicals sector overlay comparing peers like Aarti Industries and Atul Ltd, or keep it focused as a single DEEPAKNTR swing trade report?