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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 2024-09-27 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 197385

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	2896.50	2830.00	2914.80	2823.50	3.714 times
26 Thu Sep 2024	2819.45	2829.35	2840.95	2782.00	1.012 times
25 Wed Sep 2024	2829.35	2869.00	2881.35	2813.30	2.085 times
24 Tue Sep 2024	2861.85	2880.00	2905.10	2844.95	0.748 times
23 Mon Sep 2024	2868.25	2845.00	2882.90	2835.00	0.536 times
20 Fri Sep 2024	2844.10	2827.95	2879.50	2812.60	0.959 times
19 Thu Sep 2024	2824.40	2906.70	2920.20	2809.80	1.071 times
18 Wed Sep 2024	2886.20	2904.00	2923.80	2869.55	1.404 times
17 Tue Sep 2024	2903.20	2925.00	2945.90	2884.10	0.954 times
16 Mon Sep 2024	2923.95	2929.00	2949.00	2901.65	0.739 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 2854.6 or till 2793.9. Use a stoploss of 2905.22 and if the stock hits stoploss, then it can shoot up till 2955.83

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2165.00
Downside Target	2510.00
Downside Target	2619.80
Downside Target	2782.00
Downside Target	2881.00
Upside Target	2931.00
Upside Target	2949.00
Upside Target	2988.00
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	2814.07
Downside Intraday Target	2731.63
Upside Intraday Target	2946.87
Upside Intraday Target	2997.23
Downside Intraday Target	2864.43

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	2896.50	2845.00	2914.80	2782.00	1.579 times
20 Fri Sep 2024	2844.10	2929.00	2949.00	2809.80	1.56 times
13 Fri Sep 2024	2930.90	2929.10	2988.00	2881.00	0.345 times
06 Fri Sep 2024	2929.10	2926.45	3023.80	2890.00	0.742 times
30 Fri Aug 2024	2911.05	2828.00	2931.00	2798.35	0.942 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
27 Fri Sep 2024	2896.50	2926.45	3023.80	2782.00	0.472 times
30 Fri Aug 2024	2911.05	3083.05	3169.00	2783.45	0.912 times
31 Wed Jul 2024	3092.30	2520.00	3122.05	2510.00	1.462 times
28 Fri Jun 2024	2501.95	2280.00	2646.00	2021.00	0.849 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Deepak Nitrite in short term and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 2868.19 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 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.