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 2024-04-03 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 215150

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	2183.60	2200.00	2207.70	2178.00	1.918 times
02 Tue Apr 2024	2202.95	2157.95	2214.05	2140.50	1.669 times
01 Mon Apr 2024	2142.30	2131.95	2155.80	2120.00	1.273 times
28 Thu Mar 2024	2125.50	2156.55	2168.95	2117.00	0.997 times
27 Wed Mar 2024	2156.55	2148.90	2180.75	2130.00	1.269 times
26 Tue Mar 2024	2139.05	2154.20	2171.70	2134.55	0.642 times
22 Fri Mar 2024	2161.15	2160.00	2183.30	2148.15	1.047 times
21 Thu Mar 2024	2149.85	2110.55	2155.00	2110.05	0.922 times
20 Wed Mar 2024	2100.05	2115.70	2130.00	2059.15	0.771 times
19 Tue Mar 2024	2115.70	2109.45	2139.00	2096.70	0.934 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2186.3 as stoploss in an intra day sell trade for a target of 2146.44. However, stock will show a bullish move above 2186.3.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2035.10
Downside Target	2117.00
Upside Target	2208.05
Upside Target	2214.05
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	2131.05
Downside Intraday Target	2078.5
Upside Intraday Target	2225.1
Upside Intraday Target	2266.6
Downside Intraday Target	2172.55

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	2183.60	2131.95	2214.05	2120.00	1.671 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, 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 Wed Apr 2024	2183.60	2131.95	2214.05	2120.00	0.292 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 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 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 Weak and stock is gaining 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 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 coming down

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 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 2155.32 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.