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(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 2024-07-03 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 714066

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2660.25	2719.95	2720.00	2636.30	0.696 times
02 Tue Jul 2024	2686.70	2645.00	2739.00	2630.20	2.934 times
01 Mon Jul 2024	2616.00	2520.00	2645.00	2510.00	0.86 times
28 Fri Jun 2024	2501.95	2513.00	2533.80	2497.65	0.211 times
27 Thu Jun 2024	2513.35	2520.10	2535.00	2476.50	0.367 times
26 Wed Jun 2024	2505.25	2461.00	2525.00	2448.00	0.844 times
25 Tue Jun 2024	2459.75	2509.00	2527.85	2454.00	0.222 times
24 Mon Jun 2024	2509.00	2544.00	2544.00	2485.00	0.3 times
21 Fri Jun 2024	2545.95	2614.95	2646.00	2531.40	0.665 times
20 Thu Jun 2024	2605.25	2489.90	2640.00	2469.00	2.31 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2584.2, but if it comes below 2584.2, then a intra day sell could be more profitable.
If you take a sell trade below 2584.2, then use 2584.2 as stoploss and 2454.77 as target. However if you take a buy trade in stock , then use 2584.2 as stoploss and 2739.5 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2120.00
Downside Target	2165.00
Downside Target	2250.00
Downside Target	2390.00
Downside Target	2441.40
Downside Target	2510.00
Downside Target	2544.00
Downside Target	2619.80
Downside Target	2646.00
Upside Target	2739.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2533.83
Downside Intraday Target	2407.42
Upside Intraday Target	2762.83
Upside Intraday Target	2865.42
Downside Intraday Target	2636.42

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2660.25	2520.00	2739.00	2510.00	2.309 times
28 Fri Jun 2024	2501.95	2544.00	2544.00	2448.00	0.415 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2660.25	2520.00	2739.00	2510.00	0.393 times
28 Fri Jun 2024	2501.95	2280.00	2646.00	2021.00	0.849 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

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Deepak Nitrite in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2610.13 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.