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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 2024-11-04 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 199205

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2647.65	2646.25	2658.95	2600.80	0.6 times
01 Fri Nov 2024	2646.25	2664.00	2665.00	2641.05	0.188 times
31 Thu Oct 2024	2636.30	2705.40	2705.40	2611.10	1.554 times
30 Wed Oct 2024	2712.15	2707.05	2744.80	2695.35	1.345 times
29 Tue Oct 2024	2707.05	2699.95	2716.55	2653.10	0.534 times
28 Mon Oct 2024	2692.20	2660.00	2720.00	2647.85	0.634 times
25 Fri Oct 2024	2671.40	2720.05	2726.15	2651.00	0.917 times
24 Thu Oct 2024	2717.10	2735.75	2757.90	2705.00	0.905 times
23 Wed Oct 2024	2735.20	2650.05	2784.45	2640.00	1.717 times
22 Tue Oct 2024	2650.80	2775.00	2793.45	2640.10	1.41 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2664.6, but if it comes above 2664.6, then a intra day buy could be more profitable.
If you take a sell trade below 2664.6, then use 2664.6 as stoploss and 2546.9 as target. However if you take a buy trade in stock , then use 2664.6 as stoploss and 2762.71 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2510.00
Downside Target	2600.80
Upside Target	2744.80
Upside Target	2805.00
Upside Target	2848.50
Upside Target	2858.00
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	2612.65
Downside Intraday Target	2577.65
Upside Intraday Target	2670.8
Upside Intraday Target	2693.95
Downside Intraday Target	2635.8

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2647.65	2646.25	2658.95	2600.80	0.141 times
01 Fri Nov 2024	2646.25	2660.00	2744.80	2611.10	0.741 times
25 Fri Oct 2024	2671.40	2840.00	2858.00	2640.00	0.46 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

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
04 Mon Nov 2024	2647.65	2664.00	2665.00	2600.80	0.023 times
31 Thu Oct 2024	2636.30	2909.40	3011.15	2611.10	1.258 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

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 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 gaining 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 moving up

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

Although the stock is in the SELL zone, but selling 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 2685.21 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.