johntradingwick

Deepak Nitrite - Ready for next impulsive move

Long
NSE:DEEPAKNTR   DEEPAK NITRITE
Key Highlights:

1. Bullish market structure
2. Volume expansion
3. Coming out of consolidation
4. Trendline breakout
5. Ripe for next impulsive move
6. Buy only on pullback b/w 1825-1850
7. Target: 1987, 2110, 2176

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Indian Moderator @Tradingview

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