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 2024-07-19 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 498410

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2792.75	2801.30	2851.35	2761.00	0.989 times
18 Thu Jul 2024	2830.30	2775.05	2842.00	2775.05	1.014 times
16 Tue Jul 2024	2799.10	2801.00	2827.00	2782.55	0.535 times
15 Mon Jul 2024	2801.45	2768.60	2829.95	2752.05	0.901 times
12 Fri Jul 2024	2774.60	2762.55	2803.75	2737.50	0.937 times
11 Thu Jul 2024	2762.55	2736.95	2779.95	2702.05	1.123 times
10 Wed Jul 2024	2724.90	2705.00	2738.00	2631.10	1.316 times
09 Tue Jul 2024	2700.90	2694.95	2755.00	2670.15	2.026 times
08 Mon Jul 2024	2694.15	2700.00	2726.10	2670.05	0.766 times
05 Fri Jul 2024	2687.80	2680.00	2720.00	2671.55	0.608 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2777.7, but if it comes below 2777.7, then a intra day sell could be more profitable.
If you take a sell trade below 2777.7, then use 2777.7 as stoploss and 2662.19 as target. However if you take a buy trade in stock , then use 2777.7 as stoploss and 2916.2 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	2448.00
Downside Target	2510.00
Downside Target	2619.80
Downside Target	2646.00
Downside Target	2739.00
Downside Target	2752.05
Upside Target	2803.75
Upside Target	2851.35

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2746.08
Downside Intraday Target	2699.42
Upside Intraday Target	2845.38
Upside Intraday Target	2898.02
Upside Intraday Target	2798.72

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2792.75	2768.60	2851.35	2752.05	0.558 times
12 Fri Jul 2024	2774.60	2700.00	2803.75	2631.10	0.789 times
05 Fri Jul 2024	2687.80	2520.00	2739.00	2510.00	2.805 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

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
19 Fri Jul 2024	2792.75	2520.00	2851.35	2510.00	1.065 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.

Deepak Nitrite Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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

RSI is generating a SELL signal in short term but selling 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 2752 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.