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 2024-10-24 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 367449

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	2717.10	2735.75	2757.90	2705.00	0.491 times
23 Wed Oct 2024	2735.20	2650.05	2784.45	2640.00	0.931 times
22 Tue Oct 2024	2650.80	2775.00	2793.45	2640.10	0.765 times
21 Mon Oct 2024	2776.45	2840.00	2858.00	2769.25	0.432 times
18 Fri Oct 2024	2839.40	2850.05	2877.90	2820.05	0.581 times
17 Thu Oct 2024	2868.75	2999.00	2999.00	2840.15	1.459 times
16 Wed Oct 2024	2999.50	2932.60	3011.15	2925.00	2.688 times
15 Tue Oct 2024	2932.60	2854.00	2944.00	2835.80	1.301 times
14 Mon Oct 2024	2848.25	2829.60	2855.00	2805.00	0.738 times
11 Fri Oct 2024	2829.60	2784.40	2843.50	2759.50	0.553 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2746.4, but if it comes above 2746.4, then a intra day buy could be more profitable.
If you take a sell trade below 2746.4, then use 2746.4 as stoploss and 2646.1 as target. However if you take a buy trade in stock , then use 2746.4 as stoploss and 2830.05 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2510.00
Downside Target	2640.00
Upside Target	2749.75
Upside Target	2858.00
Upside Target	2914.80
Upside 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	2618.73
Downside Intraday Target	2520.37
Upside Intraday Target	2836.73
Upside Intraday Target	2956.37
Upside Intraday Target	2738.37

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	2717.10	2840.00	2858.00	2640.00	0.387 times
18 Fri Oct 2024	2839.40	2829.60	3011.15	2805.00	2.313 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

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
24 Thu Oct 2024	2717.10	2909.40	3011.15	2640.00	1.072 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Deepak Nitrite Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Deepak Nitrite in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 2866.29 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.