Deepak Nitrite - Good buy above range breakDeepak Nitrite - Details on chart
1. Moving in Range
2. Breakout retest done
Disclaimer - Chart posted only for learning purpose.
DEEPAKNTR trade ideas
Deepak Nitrate The price was in an uptrend before going into a correction. Currently, the price is moving in an ascending triangle which may break upwards to continue the uptrend. 200 MA has been continuously acting as a support.
Buy above 1840 to be on a safer side
Target: 1957
Here is the line chart to provide a better view:
Deepak Ntr - For BuyStock is on pullback area
Accumulating and taking support at previous levels
Buy on breakout with high volume
Tgts near 2000++
base on basetight base on base formation, looks good above horizontal line. Mrkt cap is mid sized usually prefer small cap. Would be going long above the horizontal line
Question on Deepak NitriteTrading in a Range
Bullish of starts to stay above 1825
Bearish below 1714
Till breakout or Breakdown.. Just Trade the range.
Wait for Breakout , 1Hour If Deepak nitrate breaks this triangle we can go long for short term targets.
Deepak Nitratre is for ming a low cheat Stock is under consolidation making a low cheat area .
Price is in a tight range if price moves up its a good trade for swing.
deepak nitrite for 27.05.2021deepak nitrite may give good downside move on 27.05.2021.
1. below 1778 is looking weak , have sell position for the targets of 1767 and 1756, with a SL - 1787
2, can go long above 1793, for targets of 1803, and 1812, with sl- 1784, book profit between 1803 to 1812.
3, trade stands void in condition of big gap down or gap up.
Deepak Nitrite Getting Ready!Deepak Nitrite has formed an ascending triangle pattern on hourly charts!
The stock is accumulating buyers by making higher lows and a horizontal resistance of 1840 and its supported by RSI.
Expect a big move up to 2000 eventually after crossing 1840.
Good for a swing trade.
Tomorrow Expecting Breakout ✌✌Deepak After Selling pressure almost Absorbed in coming days, May be Tomorrow or Day After Tomorrow we can Expect Some Upmovement. So keep on Your Radar.
Strong possibility of new bullish rally.if we see very closely on 30min chart pattern, there is a very fresh breakout of bullish flag pattern with high volume. stock is already take a support at his existing trend line. also if we see daily chart frame then we realize symmetrical triangle breakout too.
DEEPAKNTR Inverted head and shoulderThis analysis is only for Educational purpose.
Deepak ntr making Inverted Head and Shoulder Pattern.
Entry:-1820
Target:-1920
DEPAK NITRATE FOR LONG POSTIONAL TRADE This are my drawing for the deepak nitrate showing the indication, support, and resistance for the stock and a small reward of 1:6 is possible on the stock. this is not my recommendation but is what i have learn. If take any position take as per ur risk, and strict stop loss .
