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 2024-06-26 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 539412

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	2505.25	2461.00	2525.00	2448.00	1.117 times
25 Tue Jun 2024	2459.75	2509.00	2527.85	2454.00	0.294 times
24 Mon Jun 2024	2509.00	2544.00	2544.00	2485.00	0.398 times
21 Fri Jun 2024	2545.95	2614.95	2646.00	2531.40	0.88 times
20 Thu Jun 2024	2605.25	2489.90	2640.00	2469.00	3.058 times
19 Wed Jun 2024	2485.90	2430.95	2527.00	2407.35	1.703 times
18 Tue Jun 2024	2422.35	2419.00	2433.90	2390.00	0.569 times
14 Fri Jun 2024	2413.70	2419.00	2441.40	2388.00	0.834 times
13 Thu Jun 2024	2411.05	2370.00	2421.00	2352.55	0.932 times
12 Wed Jun 2024	2351.80	2316.00	2358.60	2308.60	0.7 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2487.2, but if it comes below 2487.2, then a intra day sell could be more profitable.
If you take a sell trade below 2487.2, then use 2487.2 as stoploss and 2357.39 as target. However if you take a buy trade in stock , then use 2487.2 as stoploss and 2642.9 as target.

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
Downside Target	2375.70
Downside Target	2441.40
Downside Target	2448.00
Upside Target	2535.00
Upside Target	2544.00
Upside Target	2619.80
Upside Target	2646.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2454.17
Downside Intraday Target	2403.08
Upside Intraday Target	2550.17
Upside Intraday Target	2595.08
Downside Intraday Target	2499.08

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	2505.25	2544.00	2544.00	2448.00	0.291 times
21 Fri Jun 2024	2545.95	2419.00	2646.00	2390.00	1.769 times
14 Fri Jun 2024	2413.70	2285.00	2441.40	2274.40	1.242 times
07 Fri Jun 2024	2282.05	2280.00	2295.00	2021.00	0.514 times
31 Fri May 2024	2191.30	2365.35	2375.70	2165.00	1.501 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
26 Wed Jun 2024	2505.25	2280.00	2646.00	2021.00	0.806 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short 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.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Deepak Nitrite in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2503.15 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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