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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 2024-08-08 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 545890

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	3055.30	3133.50	3133.50	3040.05	0.462 times
07 Wed Aug 2024	3102.60	3048.00	3116.70	2995.65	0.86 times
06 Tue Aug 2024	3022.75	2966.10	3079.70	2931.00	2.979 times
05 Mon Aug 2024	2953.45	3050.00	3109.80	2940.00	1.035 times
02 Fri Aug 2024	3095.95	3060.00	3129.00	3040.10	0.558 times
01 Thu Aug 2024	3088.90	3083.05	3169.00	3066.05	0.866 times
31 Wed Jul 2024	3092.30	3078.00	3116.00	3051.00	0.413 times
30 Tue Jul 2024	3077.65	3014.00	3122.05	2988.20	0.962 times
29 Mon Jul 2024	2997.40	2919.05	3018.00	2919.00	0.942 times
26 Fri Jul 2024	2919.90	2953.15	2982.00	2903.05	0.423 times

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 3055.9 as stoploss in an intra day sell trade for a target of 2935.14. However, stock will show a bullish move above 3055.9.

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	3122.05
Upside Target	3133.50
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2946.37
Downside Intraday Target	2837.43
Upside Intraday Target	3148.87
Upside Intraday Target	3242.43
Downside Intraday Target	3039.93

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	3055.30	3050.00	3133.50	2931.00	1.426 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
08 Thu Aug 2024	3055.30	3083.05	3169.00	2931.00	0.309 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 Strong and stock is gaining 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 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 buy signal for Deepak Nitrite in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 3035.83 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.