In the Weekly Chart of DEEPAKFERT, we can see that, after retesting of 480-500 levels which was acting as strong support. It has shown a very strong up move from that levels. Expected momentum is shown in chart.
Move towards 706 which is the next IZ In Daily Momentum
Deepak fertilizer is consolidating and forming symmetrical triangle pattern on monthly time frame. Keep on radar for breakout. Can expect good momentum if breakout sustain.
have closed above 200 dma 514.13 with increased volume. increasing reserve and decreasing debt showing strength.
#Deepak Fertizer cash-Positional call 24.04.2024 Looks good around 596-600 Stoploss 560 Tgt 680-700/780/880 Cmp 608.5
Hi Traders, This is DEEPAKFERT Chart. This is Best Time to Invest for Long Term with Small SL which is less than 100 Rs. Note - This is only for education Purpose
With a better than expected monsoon. Expect Agro related stocks to to well.. Esp after last season was a washout. Long if the stock bounces from 550 with a double up above the 200EMA at 590. SL for the first buy can be below 430 and 2nd can be below 550. A move towards 640 cannot be ruled out.
Fertilizers and industrial chemicals are produced by Deepak Fertilizers & Petrochemicals Corp. Ltd. It has about 50% of its peak corrected, and it is currently attempting a positive retracement. Try to break the 524 level after breaking the trendline. I believe that after it crosses the 526–530 level, it has a chance to receive a good reward and try to reach the...
In the Weekly Chart of DEEPAKFERT, we can see that, it is holding itself near Strong of 500. Also selling has stopped. Enter on breaking the candle's High at 496 with SL as 748 and Go long for 2 years.
DEEPAKFERT retested breakout zone and near strong support zone . Fundamentals also good . Looking bullish for coming months. Disclaimer - views are personal and shared as educational purpose only and not any recommendations.
This is the analysis of DEEPAKFERT in Daily Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some...
When I look at this chart of DEEPAKFERT, I see a potential to move up and a very good level to buy. This is a good level to buy at retest after a Cup and handle breakout. More over the price is hovering around the Fibonacci 0.5 and 0.618 levels which makes it a good buying candidate. Money management is a must. Cheers!
In the Weekly Chart of DEEPAKFERT, we can see that, it has spent time near support. we might see a W shape recovery. Possible momentums are shown in chart.
Sales Var 3Yrs % = 15 ROCE 3Yr % = 55 CMP / BV = 08 50% down from ATH Looks good for long term 3 to 5 year.
The thread will include multiple fundamentally strong stock for long term investment. 1. Deepak Fertilizers 2. GR Infraproject 3. Shyam Metalics
Deepak Fertilisers reached an ATH of 1062 in the 3rd week of Oct'22 and then corrected by approximately 52% to reach a low of 512.40 in Mar'23. It took support from the base of the triangle pattern and resumed uptrend. On 1st June'23, the scrip succesfully broke out of the triangle pattern reaching a high of 570, followed by 1 month of consolidation.Last...
It is involve in chemicals, mining chemicals & fertilizers business. Market Cap: 8474 crores P/E 12.6 vs Industry P/E 33.2 ROCE is 25% Previously ,it demonstrated a perfect example of Cup pattern breakout that achieved its target. Currently it is on verge of giving breakout in a symmetrical triangle. weekly closing above 680 and RSI weekly closing above 60...
Fundamentally strong stock. Demand zone is marked in green. resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Levels:- Buy @ 430 & 350 Stoploss 300 Swing & Positional Tgt 625 - 710 Long Term Tgt 840 - 1050+ This idea is for Educational purpose and paper trading only. Please consult your financial advisor before...