Deepak Nitrite has formed inverted head and shoulders pattern between 142 and 182 in last 3 months. Today stock managed to sustain above 182 on closing basis. So i expect 40 rupees upside (182-142), from the breakout level, giving a target of 222. Will look to buy this stock,with SL kept below the 20 DEMA of 175. TimeFrame 4-6 weeks.
Can you please provide latest calculation on short-mid term.