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 2024-06-06 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 539612

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2278.45	2248.00	2286.95	2225.00	0.469 times
05 Wed Jun 2024	2228.15	2169.00	2239.95	2150.55	0.351 times
04 Tue Jun 2024	2142.65	2244.00	2245.00	2021.00	1.291 times
03 Mon Jun 2024	2244.65	2280.00	2280.00	2206.70	0.501 times
31 Fri May 2024	2191.30	2200.10	2205.25	2165.00	1.028 times
30 Thu May 2024	2184.45	2267.00	2267.65	2170.20	1.704 times
29 Wed May 2024	2267.65	2282.05	2298.00	2263.70	0.668 times
28 Tue May 2024	2299.45	2345.00	2361.40	2280.55	1.769 times
27 Mon May 2024	2344.60	2365.35	2375.70	2330.15	0.332 times
24 Fri May 2024	2365.20	2323.00	2376.90	2320.45	0.787 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2238.7 as stoploss in an intra day buy trade for a target of 2359.13. However, stock will show a bearish move below 2238.7.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2120.00
Downside Target	2163.00
Downside Target	2250.00
Upside Target	2375.70
Upside Target	2410.70
Upside Target	2417.00
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	2103.98
Downside Intraday Target	1929.52
Upside Intraday Target	2369.93
Upside Intraday Target	2461.42
Downside Intraday Target	2195.47

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2278.45	2280.00	2286.95	2021.00	0.475 times
31 Fri May 2024	2191.30	2365.35	2375.70	2165.00	1.501 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

Price has moved up 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
06 Thu Jun 2024	2278.45	2280.00	2286.95	2021.00	0.147 times
31 Fri May 2024	2191.30	2430.55	2619.80	2165.00	1.038 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

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Deepak Nitrite Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Deepak Nitrite in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 2240.3 and Deepak Nitrite (DEEPAKNTR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.