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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 2024-11-05 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 195292

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	2695.10	2640.95	2704.50	2623.00	0.803 times
04 Mon Nov 2024	2647.65	2646.25	2658.95	2600.80	0.612 times
01 Fri Nov 2024	2646.25	2664.00	2665.00	2641.05	0.192 times
31 Thu Oct 2024	2636.30	2705.40	2705.40	2611.10	1.585 times
30 Wed Oct 2024	2712.15	2707.05	2744.80	2695.35	1.372 times
29 Tue Oct 2024	2707.05	2699.95	2716.55	2653.10	0.545 times
28 Mon Oct 2024	2692.20	2660.00	2720.00	2647.85	0.647 times
25 Fri Oct 2024	2671.40	2720.05	2726.15	2651.00	0.935 times
24 Thu Oct 2024	2717.10	2735.75	2757.90	2705.00	0.923 times
23 Wed Oct 2024	2735.20	2650.05	2784.45	2640.00	1.751 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 2659 as stoploss in an intra day buy trade for a target of 2757.93. However, stock will show a bearish move below 2659.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2510.00
Downside Target	2600.80
Upside Target	2704.50
Upside Target	2805.00
Upside Target	2848.50
Upside Target	2858.00
Upside Target	3011.15
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	2629.1
Downside Intraday Target	2563.1
Upside Intraday Target	2732.8
Upside Intraday Target	2770.5
Downside Intraday Target	2666.8

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	2695.10	2646.25	2704.50	2600.80	0.326 times
01 Fri Nov 2024	2646.25	2660.00	2744.80	2611.10	0.741 times
25 Fri Oct 2024	2671.40	2840.00	2858.00	2640.00	0.46 times
18 Fri Oct 2024	2839.40	2829.60	3011.15	2805.00	2.313 times
11 Fri Oct 2024	2829.60	2828.50	2848.50	2749.75	0.77 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
05 Tue Nov 2024	2695.10	2664.00	2704.50	2600.80	0.047 times
31 Thu Oct 2024	2636.30	2909.40	3011.15	2611.10	1.258 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

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 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 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.

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 negative zone. This is the SELL 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 2691.34 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.