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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