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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.

10 day averaged volume of Deepak Nitrite is 164534

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2369.30	2311.50	2384.45	2280.00	0.524 times
22 Wed Jan 2025	2315.50	2340.10	2346.65	2270.10	0.663 times
21 Tue Jan 2025	2349.20	2365.00	2405.00	2344.05	0.527 times
20 Mon Jan 2025	2360.00	2365.00	2373.90	2328.00	0.471 times
17 Fri Jan 2025	2358.75	2365.00	2392.00	2340.00	0.506 times
16 Thu Jan 2025	2365.90	2361.10	2385.95	2338.35	0.966 times
15 Wed Jan 2025	2361.10	2358.00	2372.50	2325.50	0.822 times
14 Tue Jan 2025	2340.85	2321.35	2374.70	2321.35	0.578 times
13 Mon Jan 2025	2327.85	2380.00	2400.40	2319.00	1.011 times
10 Fri Jan 2025	2418.75	2455.00	2462.10	2403.00	1.196 times

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 2346.9 as stoploss in an intra day buy trade for a target of 2419.84. However, stock will show a bearish move below 2346.9.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2270.10
Downside Target	2319.00
Upside Target	2400.40
Upside Target	2580.00
Upside Target	2611.10
Upside Target	2632.60
Upside Target	2778.00
Upside Target	2782.00
Upside Target	2885.10
Upside Target	3011.15
Upside Target	3023.80

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2291.27
Downside Intraday Target	2213.23
Upside Intraday Target	2426.17
Upside Intraday Target	2483.03
Downside Intraday Target	2348.13

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2369.30	2365.00	2405.00	2270.10	0.563 times
17 Fri Jan 2025	2358.75	2380.00	2400.40	2319.00	0.52 times
10 Fri Jan 2025	2418.75	2445.00	2509.20	2402.00	1.031 times
03 Fri Jan 2025	2452.70	2579.75	2580.00	2445.00	3.146 times
27 Fri Dec 2024	2579.75	2590.00	2632.60	2548.35	0.654 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
23 Thu Jan 2025	2369.30	2500.00	2527.35	2270.10	0.597 times
31 Tue Dec 2024	2494.30	2749.00	2778.00	2490.00	0.843 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

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 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 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 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 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 2360.33 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 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.