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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 2024-07-22 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 509080

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2851.20	2760.00	2864.00	2721.00	0.705 times
19 Fri Jul 2024	2792.75	2801.30	2851.35	2761.00	0.969 times
18 Thu Jul 2024	2830.30	2775.05	2842.00	2775.05	0.993 times
16 Tue Jul 2024	2799.10	2801.00	2827.00	2782.55	0.523 times
15 Mon Jul 2024	2801.45	2768.60	2829.95	2752.05	0.882 times
12 Fri Jul 2024	2774.60	2762.55	2803.75	2737.50	0.917 times
11 Thu Jul 2024	2762.55	2736.95	2779.95	2702.05	1.099 times
10 Wed Jul 2024	2724.90	2705.00	2738.00	2631.10	1.288 times
09 Tue Jul 2024	2700.90	2694.95	2755.00	2670.15	1.983 times
08 Mon Jul 2024	2694.15	2700.00	2726.10	2670.05	0.75 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2796.7, but if it comes below 2796.7, then a intra day sell could be more profitable.
If you take a sell trade below 2796.7, then use 2796.7 as stoploss and 2677.45 as target. However if you take a buy trade in stock , then use 2796.7 as stoploss and 2939.7 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	2448.00
Downside Target	2510.00
Downside Target	2619.80
Downside Target	2721.00
Downside Target	2739.00
Downside Target	2752.05
Downside Target	2803.75
Upside Target	2851.35
Upside Target	2864.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2760.13
Downside Intraday Target	2669.07
Upside Intraday Target	2903.13
Upside Intraday Target	2955.07
Downside Intraday Target	2812.07

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2851.20	2760.00	2864.00	2721.00	0.209 times
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

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
22 Mon Jul 2024	2851.20	2520.00	2864.00	2510.00	1.109 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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

Although the stock is in the SELL zone, but selling 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 2762.69 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.