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 2024-08-26 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 465318

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	2819.10	2828.00	2842.10	2798.35	0.987 times
23 Fri Aug 2024	2821.05	2942.00	2949.15	2783.45	1.854 times
22 Thu Aug 2024	2951.10	3000.00	3093.75	2940.10	2.994 times
21 Wed Aug 2024	2953.90	2889.55	2970.00	2889.00	0.466 times
20 Tue Aug 2024	2889.55	2902.95	2902.95	2850.45	0.227 times
19 Mon Aug 2024	2874.25	2900.95	2919.85	2863.80	0.232 times
16 Fri Aug 2024	2900.80	2859.95	2907.00	2845.00	0.517 times
14 Wed Aug 2024	2846.65	2870.00	2898.95	2818.15	0.722 times
13 Tue Aug 2024	2847.80	3015.60	3015.60	2840.00	1.466 times
12 Mon Aug 2024	3015.65	3050.10	3088.45	3000.50	0.869 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2875.5, but if it comes above 2875.5, then a intra day buy could be more profitable.
If you take a sell trade below 2875.5, then use 2875.5 as stoploss and 2757.2 as target. However if you take a buy trade in stock , then use 2875.5 as stoploss and 2974.13 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	2510.00
Downside Target	2619.80
Downside Target	2783.45
Upside Target	2919.00
Upside Target	3088.45
Upside Target	3093.75
Upside Target	3122.05
Upside Target	3146.30
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2797.6
Downside Intraday Target	2776.1
Upside Intraday Target	2841.35
Upside Intraday Target	2863.6
Upside Intraday Target	2819.85

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	2819.10	2828.00	2842.10	2798.35	0.171 times
23 Fri Aug 2024	2821.05	2900.95	3093.75	2783.45	1.615 times
16 Fri Aug 2024	2900.80	3050.10	3088.45	2818.15	0.517 times
09 Fri Aug 2024	3076.35	3050.00	3146.30	2931.00	1.575 times
02 Fri Aug 2024	3095.95	2919.05	3169.00	2919.00	1.033 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
26 Mon Aug 2024	2819.10	3083.05	3169.00	2783.45	0.738 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 to mid 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 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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Deepak Nitrite in short term and SELL 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

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 2893.16 and Deepak Nitrite (DEEPAKNTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.