Deepak nitrate taking good support over demand zone. Swing traders can plan entry with SL below the support area.
it need to stay above 2441 for further upmove. or it will possibly test 1986. strong support is at 1665.
Upper trendline which was acting as resistance is possibly acting as support now & since the price is near support level, it is a good idea to go Long in this stock. Excellent fundamentals & results to be declared shortly, so expecting a rally in near future. For safe traders, please wait for entry above 2951 on closing basis. Possible targets - 3050 followed by...
Good price action in Deepak Nitrate - Can try in this level with a Blue line SL View is only for Study purpose..... Please See the risk Reward.
Good breakout from previous high with good volume. Broke the resistance of 2487. RS > 0 with good support at 2023. We can see short term target at 2800 and medium to long term at 3300 and then 3700.
Refer charts for the analysis and suggession Thanks
Deepak Nitrite break out after long consolidation with good volume, Company posted a good quarterly numbers, many of there products are in short supply and prices of the product have increased in the market. One can buy with atarget of 2300 ++ with SL at 1900
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BUY DEEPAKNTR SL AND TARGETS MENTIONED ON CHART Disclaimer: The charts are for educational purpose. Please consult your financial advisor before investing.
DEEPAKNTR filtered from Strategy#3 above resistance it can go 2100 -2150-75 - 2200 Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Wyckoff Distribution Schematic # 1 Bearish sl 1850
Key Highlights: 1. Bullish market structure 2. Volume expansion 3. Coming out of consolidation 4. Trendline breakout 5. Ripe for next impulsive move 6. Buy only on pullback b/w 1825-1850 7. Target: 1987, 2110, 2176 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is meant for...
Deepak Nitrate is so bullish and may breakout from its channel patter, so give an entry with appropriate Stop loss only after the breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give...
Good buying seen in NSE:DEEPAKNTR today. Now it can rally towards 1850 levels.
Consolidating, on breakout, initiate long RSI at levels of 46 Hold for targets - 1991, 2068 Good support at level of 1700
- The stock is moving sideways for over a month. - Deepak Nitrite has shown strong support at 1700 levels. - Resistance is at 1990 levels. - RSI is at 45, which is a good indication of accumulating this stock. - Watch for increase in volume , this can make a new all time high in coming weeks.