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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 2024-12-30 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 116784

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	2513.60	2579.75	2580.00	2506.25	1.506 times
27 Fri Dec 2024	2579.75	2575.00	2605.00	2570.00	0.739 times
26 Thu Dec 2024	2571.25	2601.90	2618.00	2548.35	0.958 times
24 Tue Dec 2024	2601.90	2594.05	2632.60	2580.35	0.701 times
23 Mon Dec 2024	2594.80	2590.00	2626.00	2571.60	0.848 times
20 Fri Dec 2024	2596.85	2656.95	2665.00	2586.20	1.928 times
19 Thu Dec 2024	2638.70	2618.05	2642.90	2595.05	0.792 times
18 Wed Dec 2024	2633.40	2650.00	2672.00	2627.65	0.524 times
17 Tue Dec 2024	2662.65	2692.65	2701.90	2649.80	0.86 times
16 Mon Dec 2024	2692.25	2680.00	2703.90	2664.05	0.861 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2517.5, for a target of 2591.9 or 2653.81

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2453.00
Downside Target	2506.25
Upside Target	2703.90
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	2486.57
Downside Intraday Target	2459.53
Upside Intraday Target	2560.32
Upside Intraday Target	2607.03
Upside Intraday Target	2533.28

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	2513.60	2579.75	2580.00	2506.25	0.464 times
27 Fri Dec 2024	2579.75	2590.00	2632.60	2548.35	0.654 times
20 Fri Dec 2024	2596.85	2680.00	2703.90	2586.20	0.764 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

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
30 Mon Dec 2024	2513.60	2749.00	2778.00	2506.25	0.803 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 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 2599.98 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.