Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-19 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 131637

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2638.70	2618.05	2642.90	2595.05	0.703 times
18 Wed Dec 2024	2633.40	2650.00	2672.00	2627.65	0.465 times
17 Tue Dec 2024	2662.65	2692.65	2701.90	2649.80	0.763 times
16 Mon Dec 2024	2692.25	2680.00	2703.90	2664.05	0.764 times
13 Fri Dec 2024	2679.85	2661.00	2685.00	2625.00	1.587 times
12 Thu Dec 2024	2679.60	2728.35	2737.00	2666.15	1.371 times
11 Wed Dec 2024	2736.80	2740.00	2748.80	2725.65	0.648 times
10 Tue Dec 2024	2729.20	2686.85	2737.95	2682.05	1.313 times
09 Mon Dec 2024	2674.30	2714.00	2715.45	2661.35	0.845 times
06 Fri Dec 2024	2701.80	2712.70	2727.95	2696.40	1.189 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2658.4, but if it comes above 2658.4, then a intra day buy could be more profitable.
If you take a sell trade below 2658.4, then use 2658.4 as stoploss and 2617.3 as target. However if you take a buy trade in stock , then use 2658.4 as stoploss and 2692.72 as target.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2453.00
Downside Target	2511.75
Downside Target	2593.25
Upside Target	2685.00
Upside Target	2778.00
Upside Target	2782.00
Upside Target	2783.45
Upside Target	2885.10
Upside Target	3011.15
Upside Target	3023.80
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2587.87
Downside Intraday Target	2537.03
Upside Intraday Target	2696.72
Upside Intraday Target	2754.73
Upside Intraday Target	2645.88

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2638.70	2680.00	2703.90	2595.05	0.468 times
13 Fri Dec 2024	2679.85	2714.00	2748.80	2625.00	0.26 times
06 Fri Dec 2024	2701.80	2749.00	2778.00	2593.25	3.477 times
29 Fri Nov 2024	2727.25	2705.00	2744.65	2685.00	0.478 times
22 Fri Nov 2024	2670.85	2634.00	2714.00	2511.75	0.742 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
19 Thu Dec 2024	2638.70	2749.00	2778.00	2593.25	0.673 times
29 Fri Nov 2024	2727.25	2664.00	2885.10	2453.00	0.892 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

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 2686.96 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.