📊 Script: DEEPAKNTR 📊 Sector: Chemicals 📊 Industry: Chemicals Key highlights: 💡⚡ 📈 Script is trading above its Resistance level which is 2500 on Weekly Chart. 📈 If Script is able to sustain above 2500 level we may see good rally into stock. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2513 🟢 Target 🎯🏆 - 2733 ⚠️ Stoploss ☠️🚫 - 2396 ⚠️ Important: Always maintain...
NSE: DEEPAKNTR is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
NSE:DEEPAKNTR This stock was rejected from 2022 until now. Strong resistance previously It breaks the resistance but fails to sustain itself. I think this time it will break the resistance.
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,...
Crossing above 2386 activates a new move upside. LL 1668.40 is done and current resistance near the mentioned range
NSE: DEEPAKNTR is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
NSE:DEEPAKNTR is reversing from breakout level support. Swing trade can be taken for Reward-Risk ratio 3.0.
This is for educational purposes only. This is not buying or selling recomendation. I am not sebi registerd. Please consult with your financial advisor before taking any trade.
DEEPAKNTR is trying to break out the resistance zone of 1980 and volumes are looking good. it is looks good to buy above 1985 SL 1965 (20 points) Target 2007,2037,2063,2086 Risk to reward would be 1:3 to 1:5
good accumulation, VCP pattern u/d ratio more than 3 sellers exhausting. accumulation going on around 50ema 21ema going towards 50 ema with changing angle sl is less than 8 percent, which is reasonable for positional type trade. one big volume bar might reveal accumulation. buy if stays above 1900.
Stock fell on result. We can expect stability at support zone market with green trend lines. Strong support at 1900-2000 barrier band.
Deepakntr being ready for breakout above 2270-75 It also forming inverse Head&Shoulder pattern.Soon it may hit 2340-2400++. We are Keeping on radar Deepakntr 2300 CE.
The cup and handle pattern is one the most reliable pattern if it shows these signs in its formation: Big volume buying on the reversal from lows which shows that institutions are buying. Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure. 2x or 3x the average volume on pivot...
Deepakntr is looking good for upside Sl below 1975 Target can be 15-20% in september month.
Deepak Nitrite has seen Fresh Trendline breakout on 4-Hour and Daily Chart. Reasons to Buy Deepak Nitrite: # Trendline Breakout Seen. # Breakout After huge Consolidation. # Stock already has seen significant correction from all time highs # Volume on Breakout are decent.
Stock faced rejection around 200MA & closed below 2050 Support. 2007-2000 is small support below which expecting a fall upto 1935-1940 support zone for a possible bounce again.