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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 2024-08-29 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 487955

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2882.45	2885.60	2931.00	2850.00	0.921 times
28 Wed Aug 2024	2886.55	2878.60	2909.55	2835.00	0.797 times
27 Tue Aug 2024	2869.65	2822.80	2903.85	2822.80	1.576 times
26 Mon Aug 2024	2819.10	2828.00	2842.10	2798.35	0.941 times
23 Fri Aug 2024	2821.05	2942.00	2949.15	2783.45	1.768 times
22 Thu Aug 2024	2951.10	3000.00	3093.75	2940.10	2.855 times
21 Wed Aug 2024	2953.90	2889.55	2970.00	2889.00	0.444 times
20 Tue Aug 2024	2889.55	2902.95	2902.95	2850.45	0.216 times
19 Mon Aug 2024	2874.25	2900.95	2919.85	2863.80	0.221 times
16 Fri Aug 2024	2900.80	2859.95	2907.00	2845.00	0.493 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2852.2 as stoploss in an intra day buy trade for a target of 2947.69. However, stock will show a bearish move below 2852.2.

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	2810.2
Downside Intraday Target	2737.95
Upside Intraday Target	2942.85
Upside Intraday Target	3003.25
Downside Intraday Target	2870.6

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2882.45	2828.00	2931.00	2798.35	0.769 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 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 Thu Aug 2024	2882.45	3083.05	3169.00	2783.45	0.873 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY. Signal strength is Weak 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. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Deepak Nitrite in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 2887.47 and Deepak Nitrite (DEEPAKNTR) stock is trading below this level. This means that stock is falling with high volumes. 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.