Hi Traders,
This is DEEPAKFERT Chart.
This is Best Time to Invest for Long Term
with Small SL which is less than 100 Rs.
Note - This is only for education Purpose
#DEEPAKFERT can be a very good investment pick for Deepavali - 2022 for following reasons:
1. Stock has given a Cup & Handle Break Out around 510-515 levels, and after that made a high of 997. Currently stock is making Higher Highs - Higher Lows.
2. Stock is currently trading near ATH & expected to break HH-HL structure and give us a fresh ATH Break Out after...
continuous channel pattern in price ...
if break downside immediate exit position
Follow 1hr price W pattern above neckline buy
short Term position target 850
long position target should be 1250- 1300
Deepak Fertilizers Ltd - 09.03.2022
The stock is trading @ 551.70 levels
The prices are near EMA
Weekly Chart looks good
one can initiate a buy position @ current levels with SUPPORT @ 525
TARGET: 660 (can go up to 800 after breakout)
SL1: 560
SL2: 540 (very strong support)
IDEA:
clear intervention by a big player with low traded quantity, high delivery percentage, high volume
RS positive
Super-trend positive
Stock emerging out of all EMAs
#DEEPAK
#DEEPAKFERTILISERS
Done successful BREAKOUT>RETEST>UPMOVE
Both weekly and daily charts attached for study.
Expecting some news for this sector in budget announcements.
Posted wonderful results recently. !!!
A good portfolio stock.
#vr
Deepak Fertilizers were given breakout from Resistance Zone and finished Restest it seems, factors that strengthen Breakout are good Consolidation at Resistance zone & Took support @ Support Zone, If We observe in Day frame it seems like Upper flag (Bullish). We can enter @ CMP by keeping 450 as 1st TGT & 490 as 2nd TGT. Sl if Price closes below 398...
NSE:DEEPAKFERT
This stock is for people who are looking for investing for short/mid term time. (1 -3 months).
From the chart it is easy to see that Safe buy will be on breakout of 492 level which is recent high.
One can also take entry from CMP. But I can see that it will consolidate a bit between 400-480 level before giving breakout on any side.
I can see...
