What is the technical trend for Deepak Nitrite?

Jun 09 2025 05:45 PM IST
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As of June 4, 2025, Deepak Nitrite's technical trend is bearish with moderate strength, supported by bearish Bollinger Bands and daily moving averages, despite conflicting signals from the MACD and KST indicators.
As of 4 June 2025, the technical trend for Deepak Nitrite has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating conflicting signals. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages also confirm a bearish trend. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, adding to the mixed signals. Overall, the indicators suggest a prevailing bearish sentiment in the market for Deepak Nitrite.
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