A short SL based trade on Deepak nitrite is being seen. SL and Target is marked on the chart. Please do your own research before trading or invested. I am not a SEBI Reg. Analyst.
Refer our old idea attached below.
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Midcap stocks are going to boom.
long term investment; min 40% return.
huge potential is there.
investment ;
Wait for retracement.
if you are interested in investment, go for it with small risk,
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. more than that " Deepak Nitrite " is fundamentally good.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on...
Customized chemical sector is showing accumulation and expected breakout can come next week. Focus on this sector, as it going in narrow range soon. Stocks like, Aartiind, Pidilite,DEEPAKNTR are in focus.
A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900,...
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Deepak Nitrite Limited had been pretty quite in this bull run but not anymore. We are witnessing momentum in Chemical sector and Deepak Nitrite Limited is giving its breakout in this juncture.
The growth of the company is picking up quarter on quarter basis.
eps rising ✅
net profit rising ✅
sales rising ✅.
NSE:DEEPAKNTR
CMP: 2379
Reason for Trade : Verge of WEEKLY BO
Entry : Cmp or near Support 2280
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page...
reviewing NSE:DEEPAKNTR
chart posted on 5th Sept 2023 when the price was 2280
After that, it reached a low of 1921 and is currently back at 2386++
This stock offers ample opportunity to enter before it moves up towards 3000++
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is...
Deepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Once rectangle breakout happens, stock would roar.
Deepak Nitrite Fundamentally Strong company. Institutions increased stakes in Apr-Jun Quarter. Triangle breakout. Will fire once consolidation breaks out.
#DeepakNitrite CMP 2100 is respecting the Demand Zone between 1700-2000 and now ready for 2300/2600/2900 SL 2000 on weekly closing basis. Please do your own study before any investment.
DEEPAKNTR fut broke out of range & ascending triangle on an hourly chart with decrease in open interest ahead of expiry suggests short covering in the counter.
Could be bought with mentioned stoploss & target.
Deepak Nitrite is forming Cup and Handel patterns on the weekly and daily timeframes. Can expect a good move once the pattern completes. Hold for long
I'm just a beginner and learning stock chart patterns, do let me know any suggestions and possibilities for improvements.
BUY - DEEPAK NITRITE
CMP - Rs. 2027
Target - 1: Rs. 2510
Target - 2: Rs. 2975
Target - 3: Rs. 3450
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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wait for conformation and retracement and go futher
entry after : 1880
refer our old idea attached below
midcap stocks are going to boom.
long term investment; min 40% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
.
.
.
. more than that " deepak nitrite " is...
