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 2024-08-06 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 422556

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	3022.75	2966.10	3079.70	2931.00	3.848 times
05 Mon Aug 2024	2953.45	3050.00	3109.80	2940.00	1.337 times
02 Fri Aug 2024	3095.95	3060.00	3129.00	3040.10	0.721 times
01 Thu Aug 2024	3088.90	3083.05	3169.00	3066.05	1.118 times
31 Wed Jul 2024	3092.30	3078.00	3116.00	3051.00	0.534 times
30 Tue Jul 2024	3077.65	3014.00	3122.05	2988.20	1.243 times
29 Mon Jul 2024	2997.40	2919.05	3018.00	2919.00	1.217 times
26 Fri Jul 2024	2919.90	2953.15	2982.00	2903.05	0.546 times
25 Thu Jul 2024	2953.15	2885.00	2962.00	2871.05	1.244 times
24 Wed Jul 2024	2899.60	2830.00	2925.10	2820.55	1.169 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3025.3 as stoploss in an intra day sell trade for a target of 2898.54. However, stock will show a bullish move above 3025.3.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2120.00
Downside Target	2165.00
Downside Target	2510.00
Downside Target	2619.80
Downside Target	2721.00
Downside Target	2919.00
Downside Target	2931.00
Downside Target	2982.00
Upside Target	3109.80
Upside Target	3122.05
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2932.57
Downside Intraday Target	2842.38
Upside Intraday Target	3111.37
Upside Intraday Target	3199.98
Downside Intraday Target	3021.18

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	3022.75	3050.00	3109.80	2931.00	1.073 times
02 Fri Aug 2024	3095.95	2919.05	3169.00	2919.00	1.033 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

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
06 Tue Aug 2024	3022.75	3083.05	3169.00	2931.00	0.249 times
31 Wed Jul 2024	3092.30	2520.00	3122.05	2510.00	1.462 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

Scroll below to view daily charts

Price has moved down 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Deepak Nitrite in short term but the sell signal is initial and weak.

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 3009.02 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.