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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 2024-04-01 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 189098

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2142.30	2131.95	2155.80	2120.00	1.448 times
28 Thu Mar 2024	2125.50	2156.55	2168.95	2117.00	1.135 times
27 Wed Mar 2024	2156.55	2148.90	2180.75	2130.00	1.444 times
26 Tue Mar 2024	2139.05	2154.20	2171.70	2134.55	0.73 times
22 Fri Mar 2024	2161.15	2160.00	2183.30	2148.15	1.191 times
21 Thu Mar 2024	2149.85	2110.55	2155.00	2110.05	1.049 times
20 Wed Mar 2024	2100.05	2115.70	2130.00	2059.15	0.877 times
19 Tue Mar 2024	2115.70	2109.45	2139.00	2096.70	1.063 times
18 Mon Mar 2024	2109.25	2106.45	2120.90	2101.00	0.542 times
15 Fri Mar 2024	2098.65	2108.00	2123.55	2080.00	1.238 times

My analysis of stock is bearish for shortterm, and stock might move down till 2105.6 or till 2053.5. Use a stoploss of 2149.09 and if the stock hits stoploss, then it can shoot up till 2192.56

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2035.10
Downside Target	2117.00
Upside Target	2180.75
Upside Target	2183.30
Upside Target	2208.05
Upside Target	2215.15
Upside Target	2250.00
Upside Target	2378.00
Upside Target	2502.00
Upside Target	2521.15

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2122.93
Downside Intraday Target	2103.57
Upside Intraday Target	2158.73
Upside Intraday Target	2175.17
Downside Intraday Target	2139.37

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2142.30	2131.95	2155.80	2120.00	0.438 times
28 Thu Mar 2024	2125.50	2154.20	2180.75	2117.00	0.701 times
22 Fri Mar 2024	2161.15	2106.45	2183.30	2059.15	0.828 times
15 Fri Mar 2024	2098.65	2206.05	2215.15	2035.10	1.382 times
07 Thu Mar 2024	2206.05	2218.35	2250.00	2134.85	0.774 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
01 Mon Apr 2024	2142.30	2131.95	2155.80	2120.00	0.077 times
28 Thu Mar 2024	2125.50	2206.15	2250.00	2035.10	0.612 times
29 Thu Feb 2024	2212.85	2350.00	2378.00	2163.00	0.994 times
31 Wed Jan 2024	2305.90	2488.00	2521.15	2208.05	0.462 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 tired and bears 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 buy signal for Deepak Nitrite in short term and BUY 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 2132.24 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.