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 2024-08-30 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 499302

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2911.05	2885.00	2917.00	2883.05	0.93 times
29 Thu Aug 2024	2882.45	2885.60	2931.00	2850.00	0.9 times
28 Wed Aug 2024	2886.55	2878.60	2909.55	2835.00	0.779 times
27 Tue Aug 2024	2869.65	2822.80	2903.85	2822.80	1.54 times
26 Mon Aug 2024	2819.10	2828.00	2842.10	2798.35	0.92 times
23 Fri Aug 2024	2821.05	2942.00	2949.15	2783.45	1.728 times
22 Thu Aug 2024	2951.10	3000.00	3093.75	2940.10	2.79 times
21 Wed Aug 2024	2953.90	2889.55	2970.00	2889.00	0.434 times
20 Tue Aug 2024	2889.55	2902.95	2902.95	2850.45	0.211 times
19 Mon Aug 2024	2874.25	2900.95	2919.85	2863.80	0.216 times

My analysis of stock is bearish for shortterm, and stock might move down till 2848.8 or till 2740.8. Use a stoploss of 2938.8 and if the stock hits stoploss, then it can shoot up till 3028.81

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	2829.27
Downside Intraday Target	2747.48
Upside Intraday Target	2961.92
Upside Intraday Target	3012.78
Downside Intraday Target	2880.13

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2911.05	2828.00	2931.00	2798.35	0.942 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
30 Fri Aug 2024	2911.05	3083.05	3169.00	2783.45	0.912 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 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2888.96 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.