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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 2024-10-14 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 320476

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	2848.25	2829.60	2855.00	2805.00	0.846 times
11 Fri Oct 2024	2829.60	2784.40	2843.50	2759.50	0.634 times
10 Thu Oct 2024	2770.55	2794.00	2839.20	2768.55	0.634 times
09 Wed Oct 2024	2782.30	2800.00	2825.70	2777.95	0.64 times
08 Tue Oct 2024	2790.65	2762.65	2809.40	2749.75	0.356 times
07 Mon Oct 2024	2762.65	2828.50	2848.50	2750.00	1.091 times
04 Fri Oct 2024	2828.50	2877.90	2923.85	2816.00	1.046 times
03 Thu Oct 2024	2888.80	2940.00	2986.90	2850.10	1.4 times
01 Tue Oct 2024	2956.90	2909.40	2975.00	2901.05	1.29 times
30 Mon Sep 2024	2907.10	2899.00	2937.50	2887.25	0.621 times

My analysis of stock is bearish for shortterm, and stock might move down till 2799.5 or till 2737.5. Use a stoploss of 2851.13 and if the stock hits stoploss, then it can shoot up till 2902.8

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	2855.00
Upside Target	2914.80
Upside Target	2949.00
Upside Target	2986.90
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	2817.17
Downside Intraday Target	2786.08
Upside Intraday Target	2867.17
Upside Intraday Target	2886.08
Downside Intraday Target	2836.08

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	2848.25	2829.60	2855.00	2805.00	0.252 times
11 Fri Oct 2024	2829.60	2828.50	2848.50	2749.75	0.77 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

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
14 Mon Oct 2024	2848.25	2909.40	2986.90	2749.75	0.477 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 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 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 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 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 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 in or above 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 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 2847.74 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.