Is Deepak Nitrite technically bullish or bearish?
As of October 7, 2025, Deepak Nitrite's technical trend is bearish with moderate strength, driven by negative signals from moving averages, KST, and Bollinger Bands, despite a mildly bullish weekly MACD, and the stock's underperformance against the Sensex reinforces this outlook.
As of 7 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Deepak Nitrite is bearish, with a moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the weekly and monthly KST, as well as the bearish readings from Bollinger Bands across both weekly and monthly time frames. While the weekly MACD shows a mildly bullish signal, it is overshadowed by the overall bearish trend in other indicators. The stock has also underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.
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