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Deepaknitrite

DEEPAKNTR - TRENDLINE AND ROUNIDNG BOTTOM BREAKOUT 📊 Script: DEEPAKNTR (DEEPAK NITRITE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Chemicals 📊 Industry: Chemicals & Petrochemicals Key highlights: 💡⚡ 📈 Script is trading towards upper band of BB. 📈 Already crossover in MACD. 📈 Already Crossover in Double Moving Averages. 📈 It is giving TRENDLINE AND ROUNIDNG BOTTOM BREAKOUT 📈 Right now RSI is around 73. ⏱️ C.M.P 📑💰- 2095 🟢 Target 🎯🏆 - 2304 ⚠️ Stoploss ☠️🚫 - 1999 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Happy learning with trading. Cheers!🥂
NSE:DEEPAKNTRLong
by radha_23
BULLISH on Deepak Nitrite (Positional)NSE:DEEPAKNTR According to my Analysis, Deepak Nitrite looks bullish for Positional trade i.e. from 1 to 6 months. The prices are trading above the Moving Averages which shows bullishness. The MACD indicator is bullish as the MACD line is above the Signal Line. The RSI indicator is above 50 levels which shows the strong momentum. SL : 1948.20 Target 1 : 2456.40 Target 2 : 2625.80 Disclaimer : This is my views and analysis, it is only for educational purposes. It is not a recommendation, call or a tip.
NSE:DEEPAKNTRLong
by Kunal-Battu
Wyckoff distribution of Deepak Nitrate This scrip is highly overvalued, and fair value is around 888 (personal view after deliberating fundamentals). Currently, Wyckoff distribution is playing out, and further downside is expected. Fundamentally, scrip is strong, but it is highly overvalued due to excess liquidity. With each interest rate hikes, the fair value, which is 55% of the highs of pre-covid level may become available with squeez in liquidity. At 1850 it is appx 225% of the pre-covid highs, insanely high! Technically, it is under-pressure, and further pain can be expected in distributive manner, until a fair value is achieved. For further information, look at the chart. It is self-explanatory! Disclaimer: For educational purpose. Consult your financial advisor before investing.
NSE:DEEPAKNTRShort
by UnknownUnicorn24887800
5
NOCIL LTD IS LOOKING GOOD FOR A POSITIONAL TRADE.NOCIL LTD HAD CORRECTED 40% FROM ITS TOP And it is ready to give a huge run-up of 27% FUNDAMENTAL REASON 1. China had stopped its supply throughout the world so India is expected to fill those requirements and the company is in the chemical business so there would be a huge demand in the coming future. 2. We could see some huge movement today and this kind of movement is usually made by big institutions so Big institutions might be investing in this company. 3. Because big investors are buying into this company it might show some good results upcoming. TECHNICAL REASON 1. The stock had recently given a breakout of its 2 important moving averages (50,200). 2. The stock had formed an inverted head and shoulder pattern and it is ready to break the pattern. 3. And if you see the RSI we could see a bullish divergence in the RSI. 4. The stock had taken support from a trend and it has given a big movement. SO, AFTER THE BREAKOUT OF THE NECKLINE WE SHOULD MAKE SOME POSITION IN THIS COMPANY
NSE:NOCILLong
by farhanf7867
Will DEEPAK NITRITE BreakOut or BreakDown ?DEEPAK NITRITE has been trading in Descending channel for the last few months. However, it is forming a Flag and Pole pattern as per weekly/Monthly charts. The stock has been trading near the channel highs and resistance levels, if it breaks out from these levels, it's likely to reach 3000 levels again. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading
NSE:DEEPAKNTR
by jayaprakash99