DEEPAKNTR has been into parallel channel after making top two horizontal levels may be imp
Just compare rsi support line n price chart you will find whenever it broke ema 20 there was a rsi trendline support at bottom and it bounced from there, however now things seems changed, rsi already broke down of its support trendline, n stock is at to break ema20, it will test ema50 + its channel bottom +trendline from may2014.
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...
Deepak Nitrite Ltd - 03.06.2022 The stock is trading @ 1958 levels Re-entry on Buy Side is good above 2010. STOCHASTIC is OVERBOUGHT in Daily Chart The prices are near EMA There is a RESISTANCE @ 2050 Watch out for the price action
NSE:DEEPAKNTR #NSE:DEEPAKNTR formed beautiful triangle and all levels marked for practice. Last month we have delivered good results to our friends and complete details shared. Check my signature column, you will get all the details. you can leave your feedback on this analysis and u can like too. Happy LEarning !!
Deepakntr - swing trade idea with bullish AB=CD harmonics ...
gnf, hcltech jublfood, hindalco deepakntr asianpaint, au small finance bank trades for 19.04.2022
Let it cross 2360 for swift upside move! All set structure wise Bottom Confirmed Enter on Pullbacks Shunted
Key highlights: - Marked out a few important horizontal S/R levels in order to give a better idea to the new learners. - Do not trade in between the levels, always trade level-to-level. - Seems a bit overstretched at the moment - Wait for a pullback to 2000-2100 on lower time frames - Or wait for a consolidation above 2200 on lower time frames Disclaimer: This...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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...
Deepak 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...
Deepak Nitrate Forming Inverted Head & Shoulder : Right Shoulder is in Progress. Target : 2650 It will negate if its close below 2000 DCB
1. Inv. H&S Break Out on Daily Time Frame. 2. Positive Divergence. 3. Closed above 50MA 4. Narrow range of 2385-2527. Short Term Target 2525+ 5. For higher Target of 3000+, I'd wait for closing above range. 6. Views negated below 2285 DCB
Intraday pick for Today - 31-12-2021 stock name : DEEPAKNTR Time frame : 15 minutes Wait for proper breakout and retest for entry. For more trading content follow us on ( @tradechefofficial )
Deepak nitrate Head & Shoulder breakout in D chart. Swing traders can take entry at cmp with SL below the right shoulder swing low.
The stock is trading at weekly trendline and holding itself above it. Seems like bulls are still here. We have been buying all the dips like this since a long time. Trade on confirmation. Level has to break. This is one the best bullish stocks ever. NAVINFUOR Buy-Above 3650 Sl-3200 T-4200 4745+
Hi traders/investor, This is a Swing / Positional trade. I can see that a possible bullish momentum can occur in upcoming period because of: 1) Price action is taking support at 0.618 levels of Fibonacci which is golden ratio where trend can possibly reverse. 2) Another support is prior resistance (consolidation) got breakout and that same level will now act as...