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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 2024-12-03 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 274916

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	2627.00	2765.00	2771.30	2593.25	7.277 times
02 Mon Dec 2024	2759.05	2749.00	2778.00	2715.20	0.575 times
29 Fri Nov 2024	2727.25	2710.20	2739.00	2707.10	0.76 times
28 Thu Nov 2024	2706.00	2711.10	2743.75	2696.05	0.835 times
27 Wed Nov 2024	2720.90	2730.00	2744.65	2699.05	0.427 times
26 Tue Nov 2024	2714.90	2699.85	2727.75	2695.40	0.391 times
25 Mon Nov 2024	2696.45	2705.00	2727.95	2685.00	0.637 times
22 Fri Nov 2024	2670.85	2611.80	2691.25	2605.65	1.225 times
21 Thu Nov 2024	2619.20	2650.00	2675.90	2607.65	0.649 times
19 Tue Nov 2024	2671.30	2579.75	2714.00	2550.00	1.996 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2594.2 as stoploss in an intra day buy trade for a target of 2674.62. However, stock will show a bearish move below 2594.2.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2453.00
Downside Target	2511.75
Downside Target	2593.25
Upside Target	2677.90
Upside Target	2778.00
Upside Target	2782.00
Upside Target	2783.45
Upside Target	2885.10
Upside Target	3011.15
Upside Target	3023.80
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2554.17
Downside Intraday Target	2481.33
Upside Intraday Target	2738.92
Upside Intraday Target	2850.83
Upside Intraday Target	2666.08

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	2627.00	2749.00	2778.00	2593.25	2.575 times
29 Fri Nov 2024	2727.25	2705.00	2744.65	2685.00	0.478 times
22 Fri Nov 2024	2670.85	2634.00	2714.00	2511.75	0.742 times
14 Thu Nov 2024	2638.50	2677.90	2677.90	2453.00	2.374 times
08 Fri Nov 2024	2678.25	2646.25	2885.10	2600.80	1.174 times

Price has moved down 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
03 Tue Dec 2024	2627.00	2749.00	2778.00	2593.25	0.361 times
29 Fri Nov 2024	2727.25	2664.00	2885.10	2453.00	0.892 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

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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Deepak Nitrite in short term but the buy signal is initial and weak.

Deepak Nitrite Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 2659.08 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.