DEEPAKNTR trade ideas
INVESTMENT IN DEEPAK NITRITEI'm just going to say that if anyone says Deepak Nitrite is best for long term and buy it then I just request humbly that if you want to invest for long term the just wait for some time you will get better levels to buy soon it may or may not show 1700 levels and if the market shows some profit booking at big level may go up to 1450-1500 not
saying that it will definitely go but just sharing my view
Elliot wave - previous wave ivI would love Deepak Nitrite to fall within previous wave iv of one lesser degree at 38.25 . Becoz the waves are still in making . Explained in the chart . Regards
deepak nitrite for 16.06.2021deepak nitrite trade on the basis of support and resistance.
void if opens big gap up or gap down.
Deepak Nitrite - Strong Support- 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.
deepak nitrite for 14.06.20211. good to buy above 1808, targets - T1, T2, Stoploss -1796
2. weak below 1778, targets - T1, T2, sl- 1790
3. void if opens big gap up or gap down
Deepak NitriteStock looks good
Great volumes seen
Stock flied from 350-400 levels to 1800+ levels in less than a year.
At breakout now, 5-10% immediate gain possible
Dark Cloud CoverDeepak Nitrite Daily Chart shows a Dark Cloud Cover candlestick formation at a crucial resistance.
A valid Breakdown of support marked in the pic will initiate a short.
base on baseAnother clean BoB example. Good above the horizontal line. 2nd base was tight expecting a good move.
Deepak Nitrate - Range Breakout ViewDeepak Nitrate :
Good Bounce from support &
Range Breakout Possibility
Long above 1850 with a SL 1825
3 reasons to buy stock1) descending triangle breakout.
2) Horizontal channel breakout.
3)Good volumes
Can be bought for target of 1900.
CMP-1828.
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Happy Trading :)
PS- I always believe in trading in stock with good to medium fundamentals(can also be seen from my history of suggested stocks). The success mantra for trading is to mix fundamental and technical analysis to protect capital.
Deepak Nitrite - Silent Killer Awakened ??After Good consolidation trying to beak 1830 levels
2000 can be achieved easily
DeepakNTR - Range Breaout - Swing/IntradayDeepak NTR consolidation in a range near support. Closed bullish today with good buying volume. Entry-level mentioned in the chart. Plan risk before you trade.
Bears are still on...NSE:DEEPAKNTR started to fall from its all time high of 1988, then from mid May it is in consolidation mode. Now, it looks like it's making a pennant/triangular pattern ( T1& T2 ) which is ready to continue the downfall till 1625 if successful breakdown occurs.
TRADE AS PER PRICE ACTION.
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Deepak nitrite ready for breakout or breakdownDeepak nitrite ready for breakout or breakdown with
entry for buy : above 1762 sl: 1711
entry for sell: below 1711 sl:1762
Waiting for channel breakDeepak nitrate is good stock watch as it is consolidated between 1720-1840 levels. Either sides break outs can be possible for good swing trade
