Deep Diamond technical analysis: What chart suggests for this stock?

Deep Diamond India - gems, jewellery and watches-related - stock was locked at the 5 per cent upper circuit at ₹9.42 on the BSE in Tuesday's intra-day trade. This stock saw a huge trading volume of around 2.17 million shares in just the first-hour of trade, as against the two-week average volume of around 2.04 million shares on the BSE.   Last week, Deep Diamond in an exchange filing announced the launch of 'Deep Health India AI' an AI-powered Preventive Healthcare App.  "Deep Health India AI, an intelligent, camera-based wellness platform that uses facial-scan technology to deliver real-time health insights. The public launch of AI-driven wellness platform 'Deep Health India AI' is scheduled on Tuesday, November 25, 2025, marking the company's formal entry into India's rapidly growing AI-driven healthcare sector", the company said in a BSE filing.  Commenting on the launch, Deep Diamond India's Managing Director Narayan said "Deep Health India AI will be - turning a smartphone into a health companion."  Meanwhile on the earnings front, Deep Diamond reported a massive 1,165 per cent surge in Q2FY26 net profit at ₹2.53 crore as against ₹0.20 crore in the corresponding quarter a year ago. Sales soared by 1,017 per cent to ₹3.35 crore from ₹0.30 crore in the same period.  Given this background, here's what the technical charts suggest for this stock. 

Deep Diamond India

Current Price: ₹9.42  Support: ₹8.20; ₹7.60; ₹6.90  Resistance: ₹10.50; ₹11.60  The daily chart shows that the short-term trend for Deep Diamond India stock is likely to be positive as long as the stock sustains above ₹7.60; below which the 200-Week Moving Average (200-WMA) at ₹6.90 may act as a strong medium-term cushion. Near support for the stock is visible at ₹8.20. 

 

  On the upside, the stock is expected to face stiff challenge around ₹10.50, which is 61.8 per cent retracement of the 2024 trade followed by the earlier calendar high around ₹11.60.