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The_Rich_Trader_TRT
Jan 2, 2022 3:43 AM

22% Target in Deepak Nitrite | Swing Trade  Long

NSE:DEEPAKNTR1D
DEEPAK NITRITENSE

Description

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Beautiful trade in Deepak Nitrite. price currently at a wonder full confluent area.
Reasons to enter -
1. Reverse Head and Shoulder
2. 50 EMA breakout
3. Horizontal demand area breakout
4. No hurdles after 2494
5. RSI above the MA.
6. Fundamentally very strong company.

Please like the analysis to support and motivate me to make such more analysis.

Trade active

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Trend AnalysisChart PatternsTechnical Indicatorsswingswingtradingtradertradeideastocktradingstockmarketanalysis
Comments
rkdeliwala
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Perfect Technical Analysis.
Prjwlsing
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Thank you, keep posting swing trading available options. Looking forward to your next post.
The_Rich_Trader_TRT
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@Prjwlsing, Thankyou :)
ZuDa999
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Great analysis of a great company! In this from 600 levels
The_Rich_Trader_TRT
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@ZuDa999, awesome.. have a great trade :)
Shreyas-123456
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Can we enter now? At this level?
hvmishra
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Yeah already entered Last week when break out of inverse head and should was imminent.
The_Rich_Trader_TRT
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@hvmishra, Great we will have a great trade :)
Sijo-Jose
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Good analysis! Please support traders community with more good observations.
Thank you for your valuable time and effort..
The_Rich_Trader_TRT
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@Sijo-Jose, Thanks my friend :)
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