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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 2024-10-15 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 274287

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	2932.60	2854.00	2944.00	2835.80	1.743 times
14 Mon Oct 2024	2848.25	2829.60	2855.00	2805.00	0.989 times
11 Fri Oct 2024	2829.60	2784.40	2843.50	2759.50	0.74 times
10 Thu Oct 2024	2770.55	2794.00	2839.20	2768.55	0.741 times
09 Wed Oct 2024	2782.30	2800.00	2825.70	2777.95	0.748 times
08 Tue Oct 2024	2790.65	2762.65	2809.40	2749.75	0.416 times
07 Mon Oct 2024	2762.65	2828.50	2848.50	2750.00	1.275 times
04 Fri Oct 2024	2828.50	2877.90	2923.85	2816.00	1.222 times
03 Thu Oct 2024	2888.80	2940.00	2986.90	2850.10	1.636 times
01 Tue Oct 2024	2956.90	2909.40	2975.00	2901.05	1.507 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2903.9, but if it comes below 2903.9, then a intra day sell could be more profitable.
If you take a sell trade below 2903.9, then use 2903.9 as stoploss and 2851.56 as target. However if you take a buy trade in stock , then use 2903.9 as stoploss and 2966.6 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	2749.75
Downside Target	2914.80
Upside Target	2944.00
Upside Target	2949.00
Upside Target	2986.90
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	2843.73
Downside Intraday Target	2754.87
Upside Intraday Target	2982.73
Upside Intraday Target	3032.87
Downside Intraday Target	2893.87

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	2932.60	2829.60	2944.00	2805.00	0.697 times
11 Fri Oct 2024	2829.60	2828.50	2848.50	2749.75	0.77 times
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

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
15 Tue Oct 2024	2932.60	2909.40	2986.90	2749.75	0.566 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Deepak Nitrite stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Deepak Nitrite in short term but the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 2857.26 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.