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 2024-10-16 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 302175

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2999.50	2932.60	3011.15	2925.00	3.269 times
15 Tue Oct 2024	2932.60	2854.00	2944.00	2835.80	1.582 times
14 Mon Oct 2024	2848.25	2829.60	2855.00	2805.00	0.897 times
11 Fri Oct 2024	2829.60	2784.40	2843.50	2759.50	0.672 times
10 Thu Oct 2024	2770.55	2794.00	2839.20	2768.55	0.673 times
09 Wed Oct 2024	2782.30	2800.00	2825.70	2777.95	0.679 times
08 Tue Oct 2024	2790.65	2762.65	2809.40	2749.75	0.378 times
07 Mon Oct 2024	2762.65	2828.50	2848.50	2750.00	1.157 times
04 Fri Oct 2024	2828.50	2877.90	2923.85	2816.00	1.109 times
03 Thu Oct 2024	2888.80	2940.00	2986.90	2850.10	1.485 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2989.7, for a target of 2917 or 2856.38

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
Downside Target	2949.00
Downside Target	2986.90
Upside Target	3011.15
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	2865.95
Downside Intraday Target	2732.4
Upside Intraday Target	3072.1
Upside Intraday Target	3144.7
Downside Intraday Target	2938.55

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2999.50	2829.60	3011.15	2805.00	1.616 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2999.50	2909.40	3011.15	2749.75	0.751 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 to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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

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 2884.87 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.