DEEPAK FERTILIZERS GOOD FOR TGT OF 750+
CMP 557
TGT 750+
SL 500
Risk Reward (RR) - 1:4
Potential Returns :40%
Potential Loss: 10%
DEEPAKFERT trade ideas
Weekly Cup &Handle Breakout in Deepak Fertilizers & PetrochemicaStop loss 450 and Target 928. Currently at 552. FII Stake holding increased drastically from 1.57 to 11.95. Problem is only with pledge percentage that is 92.8 and promoter holding also decreasing. Its Purely Technical call. Please go through fundamentals of the company then invest.
Deepak Fertilizers forming Head and Shoulder PatternDeepak Fertilizer is forming the Head and shoulder pattern. So plan your trade accordingly.
Deepak Fertilizers Ltd - 09.03.2022Deepak Fertilizers Ltd - 09.03.2022
The stock is trading @ 551.70 levels
The prices are near EMA
Weekly Chart looks good
one can initiate a buy position @ current levels with SUPPORT @ 525
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DEEPAKFERT LONGTARGET: 660 (can go up to 800 after breakout)
SL1: 560
SL2: 540 (very strong support)
IDEA:
clear intervention by a big player with low traded quantity, high delivery percentage, high volume
RS positive
Super-trend positive
Stock emerging out of all EMAs
Target 1 Achieved🤩💸🔥💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
#DEEPAKFERT, cup & handle breakout done, can long #DEEPAKFERT, cup & handle breakout done
you can long with a stop loss.
DeepakFert.. LongBullish Structure..
Cup N handle Pattern..
Multi Year Breakout..
Rest Details in the Chart
DEEPAK FERTISIERS TARGET 660DEEPAK FERTILISERS AND PETROCHEMICALS monthly and weekly breakout. Under bullish. Target 660
Deepak fertilizersDeepak NSE:DEEPAKFERT
Weekly chart
Cup and handle BO with volume.
good for up move = cup depth
Time frame- mid term
Study purpose only. use ur own analysis before investing.
#DeepakFertilisers #DeepakFertilisers Is ready to fly as it broke the strongest level on monthly and weekly chart. Looks like there is a negative divergence on monthly chart and it has been resolved in lower timeframe ( weekly chart ). So #DeepakFertilisers ready to go long.
***** all my analysis are Only for educational purpose.. not a buy / sell signal.
Deepak Fertilizers : A nonchalant 30%Deepak Fertilizers : A good long candidate for 30% + move following ABCD and a mirror geometric move.
DEEPAK FERTILISER BO (POSITIONAL BUY for 3x-4x)A beautiful cup and handle BO on a monthly chart.... Volume is in support of BO..... Easy 3x- 4x return if held with patience.... chart for study
Deepak fertilisers breakout#DEEPAK
#DEEPAKFERTILISERS
Done successful BREAKOUT>RETEST>UPMOVE
Both weekly and daily charts attached for study.
Expecting some news for this sector in budget announcements.
Posted wonderful results recently. !!!
A good portfolio stock.
#vr
Deepak Fertilizers Breakout in Monthly Deepak fert has given good breakout in monthly and keenly in weekly with good volumes . Apart from this increase in crude oil prices may add further fuel on fire for a bull run .
DEEPKAFERT Weekly retestit has retested breakout level on weekly charted and formed a weekly hammer.
RSI at 72 on weekly chart.
most of the times RSI peaked out at 78 on weekly chart. so we may see cool off soon.
CMP is near ATH, breakout seen on Monthly chart as well.
Deepak Fertilizers ready for the uptrend!🤩💸🔥Buy Deepak Fertilizers & Petrochemicals Corp. for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Deepak Fertilisers And Petrochemicals Corp. is one of the largest manufacturers of chemicals in India. It manufactures Technical Ammonium Nitrate (mining chemicals), Industrial Chemicals and Crop Nutrition. Its products are used in Explosives, Mining, Infrastructure and Healthcare.
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💡Market Position:
1) 2nd largest manufacturer of Nitric Acid in South East Asia & the largest in India.
2) Leading manufacturer and marketer of Isopropyl Alcohol (IPA)(market share of 65% in FY 2019-20.) The only producer & merchant of IPA in India.
3) Only manufacturer of NP prill 24:24:0 fertiliser & TAN solids in India.
4) Largest manufacturer of Bentonite Sulphur in India.
5) Market leader in speciality and water-soluble fertilisers in India.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock had given a Multi-Year Breakout forming a Cup & Handle. After the breakout, the stock retested the breakout level. Now with the completion of the retracement which is evident by the rise in price with volume, we can expect a strong uptrend from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
good fundamenal with breakout rounding bottom u can see a good move on upside (this is for education purpose)
note~2020 and 2021 profit is collaps
Deepak fertilizer cup and handle breakout Very beautiful cup and handle pattern breakout on monthly candle chart
Target and stoploss given in the chart
Follow the trend
Chart Analysis of Deepakfert (28 Jan 2022)CMP : 542.65
Accumulation zone : 485 to 545
Short Term Target : 630
Pattern Target : 917
Time frame : 3 months to 1 Year
SL : 475 DCB
Only for educational purpose. Not a recommendation.
Deepak Fertilisers Breaking outA cup and handle breakout. Then A retest, MA crossovers.
A super bullish setup.
Get in.
