Deepak Nitrite’s daily chart shows a moderate bullish trend with the stock trading near ₹1737, slightly below its 50-day moving average (~₹1788) but above short-term supports. RSI around 55 indicates no extreme conditions, while MACD signals mild positive momentum, suggesting accumulation phase. Price action reflects consolidation with support around ₹1700 and resistance near ₹1780-1800, giving scope for a short-term upside breakout if volume picks up. Overall, technicals hint at cautious optimism amid sideways movement, awaiting strong catalyst for sustained rally.
BUY : DEEPAKNTR-EQ( DEEPAKNTR ) [19943]
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