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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)

10 day averaged volume of Deepak Nitrite is 535815

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 2545.95 2614.95 2646.00 2531.40 0.886 times
20 Thu Jun 2024 2605.25 2489.90 2640.00 2469.00 3.079 times
19 Wed Jun 2024 2485.90 2430.95 2527.00 2407.35 1.714 times
18 Tue Jun 2024 2422.35 2419.00 2433.90 2390.00 0.573 times
14 Fri Jun 2024 2413.70 2419.00 2441.40 2388.00 0.84 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2591.8, for a target of 2451.3 or 2334.15

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type Value
Downside Target 2021.00
Downside Target 2120.00
Downside Target 2163.00
Downside Target 2250.00
Downside Target 2375.70
Downside Target 2390.00
Downside Target 2441.40
Downside Target 2535.00
Upside Target 2567.70
Upside Target 2619.80
Upside Target 2646.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type Value
Downside Intraday Target 2408.63
Downside Intraday Target 2271.32
Upside Intraday Target 2664.63
Upside Intraday Target 2783.32
Downside Intraday Target 2527.32

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 2545.95 2419.00 2646.00 2390.00 1.769 times
14 Fri Jun 2024 2413.70 2285.00 2441.40 2274.40 1.242 times
07 Fri Jun 2024 2282.05 2280.00 2295.00 2021.00 0.514 times
31 Fri May 2024 2191.30 2365.35 2375.70 2165.00 1.427 times
24 Fri May 2024 2365.20 2495.00 2567.70 2320.45 2.751 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 2545.95 2280.00 2646.00 2021.00 0.705 times
31 Fri May 2024 2191.30 2430.55 2619.80 2165.00 1.038 times
30 Tue Apr 2024 2430.55 2131.95 2535.00 2120.00 2.586 times
28 Thu Mar 2024 2125.50 2206.15 2250.00 2035.10 0.612 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 38, 13, 48 Buy
MACD 71, 25Buy
Stochastics 85Buy
CCI 136Buy
RSI 47Sell
OBV 2144283Sell
VWAP 2479Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 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 mid to longer 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.

ADX buy sell signal for Deepak Nitrite stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Deepak Nitrite in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Deepak Nitrite in short term and BUY 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 2479.01 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 positive

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

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