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 2024-09-19 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 174305

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	2824.40	2906.70	2920.20	2809.80	1.213 times
18 Wed Sep 2024	2886.20	2904.00	2923.80	2869.55	1.59 times
17 Tue Sep 2024	2903.20	2925.00	2945.90	2884.10	1.08 times
16 Mon Sep 2024	2923.95	2929.00	2949.00	2901.65	0.837 times
13 Fri Sep 2024	2930.90	2930.05	2969.25	2923.70	0.558 times
12 Thu Sep 2024	2923.05	2919.30	2951.50	2910.10	0.575 times
11 Wed Sep 2024	2919.30	2987.90	2988.00	2913.20	0.748 times
10 Tue Sep 2024	2969.20	2972.60	2977.75	2942.70	0.802 times
09 Mon Sep 2024	2942.60	2929.10	2952.70	2881.00	1.039 times
06 Fri Sep 2024	2929.10	3004.85	3023.80	2919.00	1.264 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2860, but if it comes above 2860, then a intra day buy could be more profitable.
If you take a sell trade below 2860, then use 2860 as stoploss and 2801.6 as target. However if you take a buy trade in stock , then use 2860 as stoploss and 2908.74 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
Upside Target	2881.00
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	2773.13
Downside Intraday Target	2721.87
Upside Intraday Target	2912.33
Upside Intraday Target	3000.27
Upside Intraday Target	2861.07

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	2824.40	2929.00	2949.00	2809.80	1.268 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
19 Thu Sep 2024	2824.40	2926.45	3023.80	2809.80	0.308 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 to mid 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 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 Strong 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2909.41 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.