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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 2024-11-08 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 182446

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2678.25	2816.15	2833.80	2670.00	1.102 times
07 Thu Nov 2024	2816.00	2850.00	2885.10	2794.30	0.885 times
06 Wed Nov 2024	2846.10	2715.00	2855.45	2701.90	1.954 times
05 Tue Nov 2024	2695.10	2640.95	2704.50	2623.00	0.86 times
04 Mon Nov 2024	2647.65	2646.25	2658.95	2600.80	0.655 times
01 Fri Nov 2024	2646.25	2664.00	2665.00	2641.05	0.206 times
31 Thu Oct 2024	2636.30	2705.40	2705.40	2611.10	1.696 times
30 Wed Oct 2024	2712.15	2707.05	2744.80	2695.35	1.469 times
29 Tue Oct 2024	2707.05	2699.95	2716.55	2653.10	0.583 times
28 Mon Oct 2024	2692.20	2660.00	2720.00	2647.85	0.692 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 2654 as stoploss in an intra day buy trade for a target of 2755.83. However, stock will show a bearish move below 2654.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2510.00
Downside Target	2600.80
Upside Target	2744.80
Upside Target	2858.00
Upside Target	2885.10
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	2557.67
Downside Intraday Target	2437.08
Upside Intraday Target	2841.97
Upside Intraday Target	3005.68
Upside Intraday Target	2721.38

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2678.25	2646.25	2885.10	2600.80	1.174 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
08 Fri Nov 2024	2678.25	2664.00	2885.10	2600.80	0.154 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Deepak Nitrite in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Deepak Nitrite in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 2722.08 and Deepak Nitrite (DEEPAKNTR) stock is trading below this level. This means that stock is falling with high volumes. 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.