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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 2024-09-05 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 618167

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	2998.65	2999.90	3018.45	2971.75	0.425 times
04 Wed Sep 2024	2988.70	2931.60	3021.10	2917.35	1.051 times
03 Tue Sep 2024	2933.95	2924.00	2949.75	2905.00	0.724 times
02 Mon Sep 2024	2911.75	2926.45	2936.00	2890.00	0.482 times
30 Fri Aug 2024	2911.05	2885.00	2917.00	2883.05	0.751 times
29 Thu Aug 2024	2882.45	2885.60	2931.00	2850.00	0.727 times
28 Wed Aug 2024	2886.55	2878.60	2909.55	2835.00	0.629 times
27 Tue Aug 2024	2869.65	2822.80	2903.85	2822.80	1.244 times
26 Mon Aug 2024	2819.10	2828.00	2842.10	2798.35	0.743 times
23 Fri Aug 2024	2821.05	2942.00	2949.15	2783.45	1.396 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2993.9, but if it comes below 2993.9, then a intra day sell could be more profitable.
If you take a sell trade below 2993.9, then use 2993.9 as stoploss and 2921.71 as target. However if you take a buy trade in stock , then use 2993.9 as stoploss and 3080.5 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2165.00
Downside Target	2510.00
Downside Target	2619.80
Downside Target	2783.45
Downside Target	2890.00
Upside Target	3021.10
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	2918.73
Downside Intraday Target	2838.82
Upside Intraday Target	3049.83
Upside Intraday Target	3101.02
Downside Intraday Target	2969.92

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	2998.65	2926.45	3021.10	2890.00	0.655 times
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

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
05 Thu Sep 2024	2998.65	2926.45	3021.10	2890.00	0.152 times
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

Scroll below to view daily charts

Price has moved up 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 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 BUY signal for Deepak Nitrite in short term and the buy signal is strong.

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. Bulls are getting stronger in this stock.

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 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 2893.2 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 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 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.