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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 2024-10-09 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 335226

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	2782.30	2800.00	2825.70	2777.95	0.612 times
08 Tue Oct 2024	2790.65	2762.65	2809.40	2749.75	0.34 times
07 Mon Oct 2024	2762.65	2828.50	2848.50	2750.00	1.043 times
04 Fri Oct 2024	2828.50	2877.90	2923.85	2816.00	1 times
03 Thu Oct 2024	2888.80	2940.00	2986.90	2850.10	1.339 times
01 Tue Oct 2024	2956.90	2909.40	2975.00	2901.05	1.233 times
30 Mon Sep 2024	2907.10	2899.00	2937.50	2887.25	0.594 times
27 Fri Sep 2024	2896.50	2830.00	2914.80	2823.50	2.187 times
26 Thu Sep 2024	2819.45	2829.35	2840.95	2782.00	0.596 times
25 Wed Sep 2024	2829.35	2869.00	2881.35	2813.30	1.228 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2813.8, but if it comes above 2813.8, then a intra day buy could be more profitable.
If you take a sell trade below 2813.8, then use 2813.8 as stoploss and 2749.6 as target. However if you take a buy trade in stock , then use 2813.8 as stoploss and 2867.37 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2021.00
Downside Target	2510.00
Downside Target	2646.00
Downside Target	2749.75
Upside Target	2914.80
Upside Target	2949.00
Upside Target	2986.90
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	2738.53
Downside Intraday Target	2694.77
Upside Intraday Target	2837.28
Upside Intraday Target	2892.27
Upside Intraday Target	2793.52

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	2782.30	2828.50	2848.50	2749.75	0.479 times
04 Fri Oct 2024	2828.50	2899.00	2986.90	2816.00	0.874 times
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

Price has moved down 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
09 Wed Oct 2024	2782.30	2909.40	2986.90	2749.75	0.35 times
30 Mon Sep 2024	2907.10	2926.45	3023.80	2782.00	0.491 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

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

Deepak Nitrite Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 2859.99 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 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.