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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 2024-09-18 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 211591

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	2886.20	2904.00	2923.80	2869.55	1.31 times
17 Tue Sep 2024	2903.20	2925.00	2945.90	2884.10	0.89 times
16 Mon Sep 2024	2923.95	2929.00	2949.00	2901.65	0.689 times
13 Fri Sep 2024	2930.90	2930.05	2969.25	2923.70	0.459 times
12 Thu Sep 2024	2923.05	2919.30	2951.50	2910.10	0.474 times
11 Wed Sep 2024	2919.30	2987.90	2988.00	2913.20	0.617 times
10 Tue Sep 2024	2969.20	2972.60	2977.75	2942.70	0.661 times
09 Mon Sep 2024	2942.60	2929.10	2952.70	2881.00	0.856 times
06 Fri Sep 2024	2929.10	3004.85	3023.80	2919.00	1.042 times
05 Thu Sep 2024	2998.65	2999.90	3018.45	2971.75	1.241 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 2869.6 as stoploss in an intra day buy trade for a target of 2915.08. However, stock will show a bearish move below 2869.6.

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	2869.55
Upside Target	2949.00
Upside Target	2988.00
Upside Target	3023.80
Upside Target	3093.75
Upside Target	3122.05
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2854.17
Downside Intraday Target	2822.13
Upside Intraday Target	2933.62
Upside Intraday Target	2981.03
Upside Intraday Target	2901.58

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	2886.20	2929.00	2949.00	2869.55	0.942 times
13 Fri Sep 2024	2930.90	2929.10	2988.00	2881.00	0.345 times
06 Fri Sep 2024	2929.10	2926.45	3023.80	2890.00	0.742 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

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
18 Wed Sep 2024	2886.20	2926.45	3023.80	2869.55	0.289 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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 red color and prices are below the red 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 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 2933.17 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.