DEEPAKNTR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | DEEPAKNTR | Market Cap | 23,690 Cr. | Current Price | 1,737 ₹ | High / Low | 2,174 ₹ |
| Stock P/E | 112 | Book Value | 232 ₹ | Dividend Yield | 0.43 % | ROCE | 10.1 % |
| ROE | 8.22 % | Face Value | 2.00 ₹ | DMA 50 | 1,551 ₹ | DMA 200 | 1,693 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | 0.26 % | PAT Qtr | 15.5 Cr. | PAT Prev Qtr | 112 Cr. |
| RSI | 72.0 | MACD | 73.2 | Volume | 2,76,606 | Avg Vol 1Wk | 1,89,923 |
| Low price | 1,280 ₹ | High price | 2,174 ₹ | PEG Ratio | -5.70 | Debt to equity | 0.01 |
| 52w Index | 51.1 % | Qtr Profit Var | -10.3 % | EPS | 15.0 ₹ | Industry PE | 28.9 |
📊 DEEPAKNTR is trading above both its 50 DMA (1,551 ₹) and 200 DMA (1,693 ₹), confirming short-term bullish strength. RSI at 72.0 indicates overbought conditions, while MACD at 73.2 shows strong positive divergence. Current volume (2,76,606) is higher than average (1,89,923), suggesting strong participation. Bollinger Bands show price near the upper band, pointing to resistance around 1,750–1,770 ₹.
🎯 Entry Zone: 1,710 ₹ – 1,730 ₹ (support near DMA levels)
💰 Exit Zone: 1,770 ₹ – 1,800 ₹ (resistance band)
🔄 Trend Status: Trending upward with strong momentum, but caution warranted due to overbought RSI and earnings weakness.
Positive
- Price trading above both 50 DMA and 200 DMA confirms bullish bias.
- Strong volume participation supports momentum.
- EPS of 15.0 ₹ provides earnings visibility.
- Low debt-to-equity ratio (0.01) ensures financial stability.
- Institutional support with FII (+0.13%) and DII (+0.26%) inflows.
Limitation
- Extremely high P/E (112) compared to industry PE (28.9) signals severe overvaluation.
- RSI above 70 indicates overbought conditions and risk of short-term correction.
- Quarterly PAT dropped sharply (112 Cr → 15.5 Cr), showing earnings weakness.
- Negative PEG ratio (-5.70) reflects poor growth-adjusted valuation.
- ROE (8.22%) and ROCE (10.1%) are modest compared to peers.
Company Negative News
- Quarterly profit variation (-10.3%) highlights earnings volatility.
- Sharp decline in PAT raises concerns about operational performance.
Company Positive News
- Institutional inflows (FII and DII) show confidence despite earnings weakness.
- Strong historical price performance with 52w Index at 51.1%.
Industry
- Industry PE at 28.9 is far lower than DEEPAKNTR’s 112, highlighting valuation risk.
- Chemicals sector remains cyclical, influenced by demand and input costs.
Conclusion
⚖️ DEEPAKNTR is trending upward with strong technical momentum, supported by volume and institutional inflows. Entry near 1,710–1,730 ₹ offers favorable positioning, with exits around 1,770–1,800 ₹. However, sharp earnings decline and stretched valuations warrant cautious accumulation, with strict stop-loss management near 1,700 ₹.
This is the short-term technical trade view. If you’d like, I can also prepare a swing trade overlay for DEEPAKNTR, integrating sector benchmarking and peer comparison to refine entry/exit strategies.