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 2024-10-04 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 305976

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	2828.50	2877.90	2923.85	2816.00	1.096 times
03 Thu Oct 2024	2888.80	2940.00	2986.90	2850.10	1.467 times
01 Tue Oct 2024	2956.90	2909.40	2975.00	2901.05	1.351 times
30 Mon Sep 2024	2907.10	2899.00	2937.50	2887.25	0.651 times
27 Fri Sep 2024	2896.50	2830.00	2914.80	2823.50	2.396 times
26 Thu Sep 2024	2819.45	2829.35	2840.95	2782.00	0.653 times
25 Wed Sep 2024	2829.35	2869.00	2881.35	2813.30	1.345 times
24 Tue Sep 2024	2861.85	2880.00	2905.10	2844.95	0.483 times
23 Mon Sep 2024	2868.25	2845.00	2882.90	2835.00	0.346 times
20 Fri Sep 2024	2844.10	2827.95	2879.50	2812.60	0.618 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2847.7, but if it comes above 2847.7, then a intra day buy could be more profitable.
If you take a sell trade below 2847.7, then use 2847.7 as stoploss and 2793.9 as target. However if you take a buy trade in stock , then use 2847.7 as stoploss and 2892.64 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2510.00
Downside Target	2646.00
Downside Target	2782.00
Upside Target	2881.00
Upside Target	2986.90
Upside Target	2988.00
Upside Target	3023.80
Upside Target	3122.05
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2767.37
Downside Intraday Target	2706.23
Upside Intraday Target	2938.27
Upside Intraday Target	3048.03
Upside Intraday Target	2877.13

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	2828.50	2899.00	2986.90	2816.00	0.874 times
27 Fri Sep 2024	2896.50	2845.00	2914.80	2782.00	1.579 times
20 Fri Sep 2024	2844.10	2929.00	2949.00	2809.80	1.56 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

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
04 Fri Oct 2024	2828.50	2909.40	2986.90	2816.00	0.224 times
30 Mon Sep 2024	2907.10	2926.45	3023.80	2782.00	0.491 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

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 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 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 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 Weak and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

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 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 2877.59 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 is giving positive 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.