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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 2024-11-18 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 339568

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	2569.30	2634.00	2634.00	2511.75	2.028 times
14 Thu Nov 2024	2638.50	2453.00	2667.00	2453.00	3.394 times
13 Wed Nov 2024	2493.60	2564.00	2572.20	2475.65	1.606 times
12 Tue Nov 2024	2572.90	2628.00	2654.30	2551.10	1.189 times
11 Mon Nov 2024	2622.00	2677.90	2677.90	2566.05	0.769 times
08 Fri Nov 2024	2678.25	2816.15	2833.80	2670.00	0.592 times
07 Thu Nov 2024	2816.00	2850.00	2885.10	2794.30	0.475 times
06 Wed Nov 2024	2846.10	2715.00	2855.45	2701.90	1.05 times
05 Tue Nov 2024	2695.10	2640.95	2704.50	2623.00	0.462 times
04 Mon Nov 2024	2647.65	2646.25	2658.95	2600.80	0.352 times

Stock of Deepak Nitrite (DEEPAKNTR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2595.5, but if it comes above 2595.5, then a intra day buy could be more profitable.
If you take a sell trade below 2595.5, then use 2595.5 as stoploss and 2498.7 as target. However if you take a buy trade in stock , then use 2595.5 as stoploss and 2676.22 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2453.00
Downside Target	2510.00
Upside Target	2600.80
Upside Target	2744.80
Upside Target	2783.45
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	2509.37
Downside Intraday Target	2449.43
Upside Intraday Target	2631.62
Upside Intraday Target	2693.93
Upside Intraday Target	2571.68

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	2569.30	2634.00	2634.00	2511.75	0.291 times
14 Thu Nov 2024	2638.50	2677.90	2677.90	2453.00	2.374 times
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

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
18 Mon Nov 2024	2569.30	2664.00	2885.10	2453.00	0.608 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 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 Weak and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!

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

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 2629.39 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.