Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(DEEPAKNTR) Deepak Nitrite complete technical analysis [charts+indicators] | Buy/Sell Deepak Nitrite | (DEEPAKNTR) share price targets

Complete technical analysis of Deepak Nitrite (DEEPAKNTR) by charts plus indicators, forecast predictions and share price targets for Deepak Nitrite (DEEPAKNTR)

Deepak Nitrite trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 284700

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	2299.45	2345.00	2361.40	2280.55	3.352 times
27 Mon May 2024	2344.60	2365.35	2375.70	2330.15	0.63 times
24 Fri May 2024	2365.20	2323.00	2376.90	2320.45	1.491 times
23 Thu May 2024	2334.90	2459.05	2459.05	2327.40	2.971 times
22 Wed May 2024	2463.50	2540.00	2555.00	2453.45	0.872 times
21 Tue May 2024	2516.70	2530.00	2567.70	2484.60	1.613 times
18 Sat May 2024	2527.15	2495.00	2545.00	2475.00	0.36 times
17 Fri May 2024	2474.65	2457.50	2483.15	2454.05	0.637 times
16 Thu May 2024	2448.45	2440.20	2455.00	2422.00	0.578 times
15 Wed May 2024	2424.25	2469.15	2485.00	2417.00	0.419 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2302.8, for a target of 2383.7 or 2451.08

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2035.10
Downside Target	2120.00
Downside Target	2163.00
Downside Target	2208.05
Upside Target	2375.70
Upside Target	2510.00
Upside Target	2521.15
Upside Target	2535.00
Upside Target	2545.00
Upside Target	2567.70
Upside Target	2619.80

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2261.43
Downside Intraday Target	2223.42
Upside Intraday Target	2356.58
Upside Intraday Target	2413.72
Upside Intraday Target	2318.57

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	2299.45	2365.35	2375.70	2280.55	0.573 times
24 Fri May 2024	2365.20	2530.00	2567.70	2320.45	2.303 times
18 Sat May 2024	2527.15	2502.85	2545.00	2417.00	0.268 times
10 Fri May 2024	2494.55	2513.00	2619.80	2410.70	2.651 times
03 Fri May 2024	2448.65	2508.95	2510.00	2413.80	0.419 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	2299.45	2430.55	2619.80	2280.55	0.84 times
30 Tue Apr 2024	2430.55	2131.95	2535.00	2120.00	2.586 times
28 Thu Mar 2024	2125.50	2206.15	2250.00	2035.10	0.612 times
29 Thu Feb 2024	2212.85	2350.00	2378.00	2163.00	0.994 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Deepak Nitrite (DEEPAKNTR)

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Deepak Nitrite stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Deepak Nitrite in short term but the sell signal is initial and weak.

Deepak Nitrite Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Deepak Nitrite in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Deepak Nitrite is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2381.26 and Deepak Nitrite (DEEPAKNTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Deepak Nitrite (DEEPAKNTR) stock. Volume based technical analysis of Deepak Nitrite (DEEPAKNTR) stock is negative.

Deepak Nitrite Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.