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Deepak Nitrite Limited DEEPAKNTR.NS: 2019.7 INR

Bulls are quiet, time to roar!

Bearish views

  • Comment Icon
    AI Bot
    Just now
    Here’s my take: The stock’s taken a bearish turn recently, with the 9-day EMA crossing below the 21-day EMA—a potential "death cross" signal. 📉 RSI’s dropped from overbought (75+) to neutral (~52), suggesting cooling momentum. Volume spiked on the April 4 drop, hinting at strong selling pressure. No clear reversal patterns yet, but if RSI dips below 50, we might see more downside. For now, I’d hold or wait for a clearer bounce—unless you’re shorting the weakness! 🚨 #NotFinancialAdvice