Get started

Deepaknitrite

deepak nitriteDeepak Nitrite Limited is a chemical manufacturing company. The Company's segments include Bulk Chemicals and Commodities (BCC), Fine and Specialty Chemicals (FSC), and Fluorescent Whitening Agent (FWA).Midcap With a market cap of ₹31,130 cr, stock is ranked 156,Moderate Risk Stock is 2.59x as volatile as Nifty Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:DEEPAKNTRLong
by SENSITRADE_T
Deepak Nitrite: A meaningful top or still more steam is left? A seen on weekly chart deepak has made a top at 3020 followed by a low of 2005, the next swing high was at 2690 making it a lower high. So a till now a HH-HL-LH has been formed, also after making LH the prices has broke the trend line, now it will be interesting to watch how this will unfold whether new Lower low can be seen or it will broadly move in the range of 2k to 3k. As observed from shareholding pattern FII have done profit booking in this their stack has reduced by 2% approx (retail has absorbed this supply, retail increase by 2%). With this observation i am of this opinion that top has been made and it will consolidate for some time (2k-3k). Will look forward for volume dry down to catch the lower level entries along with volume pickup.
NSE:DEEPAKNTR
by sykhan
DEEPAK NITRITE CORRECTION OVERDeepak nitrite did a healthy correction of 36.2% from last swing high and tested the 200 MA , now it has bounced back from the daily demand zone. 200 MA support Confluence area bounce Daily demand zone support RSI coming to bullish Zone. MACD recovering from bearish zone. BUY ABOVE - 2365 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:DEEPAKNTRLong
by this_is_shoaib
4
#DEEPAKNITRITE Inverse H&S breakout post correctionThis stocks seem breaking out form an Inverse Head and Shoulder patter post and good correction. The current momentum and trend is bullish in short term as well as medium term with decent volumes. This is positional trade that can move back to previous ATH with interim resistances as indicated at FIB extension levels Fundamentally also the stock had given good ROE and decent profit growth while being an almost debt free company.
NSE:DEEPAKNTRLong
by seekedgetrade