The elastic stability of a discotic liquid crystal in the theoretically predicted hexatic N+6 phase against fluctuations of orientational order is tested. For this purpose, the author derives the elastic stability conditions for Frank constants of a discotic liquid crystal, and finds that the coupling constant gamma 3, which couples the director distortions to local rotations of the hexagonal two-dimensional lattice, is forced to be weak with respect to the other Frank constants, in order to preserve the long-range sixfold orientational order. He then shows that critical enhancements of Frank elastic constants, in the hexatic N+6 phase near the supposed continuous transition to the hexagonal discotic phase, fulfil the elastic stability conditions previously derived. Critical fluctuations of orientational order, therefore, are not able either to decorrelate the hexatic phase or to drive the transition to first order. Such a fluctuation-induced first-order transition, on the contrary, is known to play a role in smectic liquid crystals. We conclude that the N+6 phase remains orientationally correlated in the critical region, which proves the self-consistency of the model assuming such an intermediate phase, as yet experimentally undiscovered, between nematic and hexagonal discotic phases.