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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 2024-07-29 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 415842

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2997.40	2919.05	3018.00	2919.00	1.237 times
26 Fri Jul 2024	2919.90	2953.15	2982.00	2903.05	0.555 times
25 Thu Jul 2024	2953.15	2885.00	2962.00	2871.05	1.264 times
24 Wed Jul 2024	2899.60	2830.00	2925.10	2820.55	1.188 times
23 Tue Jul 2024	2831.95	2852.05	2870.00	2746.10	0.885 times
22 Mon Jul 2024	2851.20	2760.00	2864.00	2721.00	0.863 times
19 Fri Jul 2024	2792.75	2801.30	2851.35	2761.00	1.186 times
18 Thu Jul 2024	2830.30	2775.05	2842.00	2775.05	1.215 times
16 Tue Jul 2024	2799.10	2801.00	2827.00	2782.55	0.641 times
15 Mon Jul 2024	2801.45	2768.60	2829.95	2752.05	1.08 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3007.6, for a target of 2885.1 or 2783.09

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	2510.00
Downside Target	2619.80
Downside Target	2721.00
Downside Target	2803.75
Downside Target	2851.35
Downside Target	2919.00
Downside Target	2982.00
Upside Target	3018.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2938.27
Downside Intraday Target	2879.13
Upside Intraday Target	3037.27
Upside Intraday Target	3077.13
Downside Intraday Target	2978.13

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2997.40	2919.05	3018.00	2919.00	0.26 times
26 Fri Jul 2024	2919.90	2760.00	2982.00	2721.00	1.153 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

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
29 Mon Jul 2024	2997.40	2520.00	3018.00	2510.00	1.37 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 gaining 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 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 2871.61 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.