DEEPAKNTR trade ideas
DEEPAK NITRITE : Cup & handle After the formation of cup & handle , stock has given breakout & formed a nice support near 1600 level before giving today's big move as a breakout. Keeping SL of 1650 one should buy this stock on current level & add on dips (if any) and look for the measured target area of 1950 zone in coming sessions.
BTST Deepak nitrateGood volume and price increase, break out i.e., volume increase and price increase so bullish can use fro Buy Today Sell Tomorrow(BTST). Buy today at 3.20 and sell tomorrow at market opening. no matter what entry and exit should be full-filled either with profit or loss. probability of profit making is high.
Deepak Nitrate Cmp 1638 dated 26.4.2021Deepak Nitrate Cmp 1638 dated 26.4.2021
Flag Pattern on daily chart.
Buy for a tgt of 1670-1735 SL 1600
For long tern investment buy for a tgt of 2500 SL 1500.
It is just a view, pls trade at your own risk.
DEEPAK NITRATE LOOKS WEAKDEEPAK NITRATE Had A Good Upside Rally In Past One Month
It Was Observed that there Is A Divergence Between The Stock Price Vs. Its Momentum (RSI)
It May Conclude The Fall Of Stock Price In Short Term
Long Term Investors Ideally Hold Up The Stock For Amazing Returns And Add Quantities and Support Levels
Fresh Position To Be Made At Following Support Levels Using Fibonacii
The Support Levels Are 1441.05 - 1345.6 - 1250.15 - 1114.30
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
DN long good R2RCup annd handle as well as a range has been spotted on the charts of DEEPAKNTR , Buy in the range of 1550-1560 for a target yield of 10% TGT: 1745, Place SL at 1540
Disclaimer:- These are my Personal views, And are For educational purpose only. Follow for more daily updates.
Double top with -ve RSI divergenceDaily making double top and –ve divergence
selling volume is low
It seems profit booking is happening
Near term support is @1541
DEEPAK NITRITE TREND ANALYSISI have done a trend analysis of deepak nitrite , where i am long on the stock however it clearly shows that according to the trend lines the stock may test 1530 very soon before going up again, another positive factor for the company is that this company produces some elements (not going deep into the business) which are necessary for manufacturing of hand sanitisers and it might lead to crediting into the company`s wallet; hence it might be a good bet.
deepak nitrite updated chart modified upper band. pls consider this chart. seems has retsted already . seems weak.
deepak nitrite deepak nitrite flag and pole breakout, Weak candle though. Might retest the upper levels. on radar
Deepak Nitrate - Ready for Cup Handle Breakout Deepak Nitrate :
Looks ready for Cup and Handle Breakout
Cup and Handle Pattern Emerging in the Deepak Nitrate StockCup and Handle Pattern is gradually building up in the Deepak Nitrate Stock Considering Hourly chart for the analysis . Although, Current market sentiments are bearish. Yet, its all about analyzing the current pattern developing and stay in wait and watch state.
Swing idea for Deepak NitriteAll levels mentioned in the chart. Doji's high will be our entry and low our stoploss. Just for learning. I'm not responsible for your profit or loss.
Partial profit booking must be done when each targets hit.
deepak nitrite bullish flag bullish flag formation in deepak nitrite, can see a good move once it breaks
