DEEPAKFERT trade ideas
Deepak Fertilizers , Long TradeNSE:DEEPAKFERT
Good opportunity available at Deepak Fertilizer.
Buy above: 575++
Stop Loss: Below 505
Targets: 640/720/825/940/1050
Reasons to buy:
There was strong support between 510 and 550, tested repeatedly.
The 100-day moving average offers strong support above 575+.
Reasonable Risk to Reward Ratio.
Disclaimer:
Please note that this is a general idea and any trading should be done at your own risk.
Swing Trade Deepak Frtlsrs and Ptrchmcls Corp LtdAs per Technical Analysis and Fibonacci Retracement Deepak Frtlsrs and Ptrchmcls Corp Ltd Looks Bullish. this stock will take support near 585-80 level and if its break then next support is 560.
Considering this will take entry Near 580 level Stop Loss 555, Target 630,650,680 Time Frame 90 Days.
Only For Educational Purpose.
Symmetrical Triangle Breakout.Deepak Fertilizer gives symmetrical triangle breakout with high volumes. stock have potential to give 18%-20% return in short term. aggressive trader can enter now and if someone want double confirmation then wait for closing above 621. Stop Loss = 580 1st Target = 656 2nd Target = 720. NSE:DEEPAKFERT
Deepak Fertilizer: Plain simple chart analysisDeepak Fertilizers
One may look to accumulate the stock at cmp and on dips towards 485 from Medium to Long term perspective.
Momentum may come once it crosses above 580 odd levels.
Take care & safe trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Breakout in DEEPAKFERTSee the chart you will find good price action for up move in DEEPAKFERT
#SwingTrading
#Breakout
#PriceAction
Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
Deepak FertilisersGraham number: 1094.98
Debt to Equity: 0.73
P/E: 4.54
Industry P/E: 15.48
P/E is in FairValue Zone
Current Ratio: 1.28
Profitable
Continuously giving divident
Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
DEEPAK LOOKS GOODDeepak fertilisers breaking out a parallel channel and horizontal resistance too so we can consider to go long in this stock for the target of 611 and 641 with taking a stop loss of below 565 a daily candle close which is looking a good support now. Idea will not valid if it will not give a close above 575 above resistance.
NOTE- Only for Education Purpose.
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Deepak fertilizer looks strongDeepakfert is looking ready for an upmove. It has bounced after taking support thrice from a strong trend line. It has also broken out from downtrend. RSI is now above 50 which also gives the same signal.
The stock looks strong if it gives a closing above 650-660 levels which is its 30 DEMA for about 10% upmove.
THis is my personal analysis only for educational purposes.