DEEPAKNTR trade ideas
#DEEPAKNTRC > 261.20 will be in the conductive zone
C > 267.90 with strength will breach the pinbar with strength and set direction
Momentum is lost on all time frames
DEEPAKNTR price should go up to the supply zoneStudy done based on monthly and weekly demand and supply zones
expanded flat correction going onprevious idea- longer term structure very much positive still.....
disclaimer... not an investing/trading recommendation
CUP AND HANDLE BREAKOUT DEEPAK NITRITE HAS FORMED CUP AND HANDLE PATTERN AND GIVEN A BREAKOUT. STOCK IS SHOWING GOOD STRENGTH IN THIS DOWNWARD MARKET. IF MARKETS START REVERSING THIS STOCK WILL MOVE GREATLY.
Deepak Nitrite- Moving strong- will break beyond current 52weekDeepak Nitrite : Good to Buy between 285-289, Great Move coming above 291
CMP : 289.20
Date:- 19-Sep18
DEEPAKN
DEEPAK NITRITE.........BUY BUY BUY....... DEEPAK NITRITE
BUYING RANGE 287 TO 280
STOP LOSS 245 (CB)
TARGET 400 450 500
#DEEPAKNTRTarget 318 coming within 2 weeks and much beyond
CCI(HTF) aligned
TGC is aligned
SL 215
Volume Support
#DEEPAKNTRBinet's Formation
Gapup
Reversal confirmation
TGC with strength and gapup
Volume Support
CCI(D/W) crosses 100
CCI(M)>100
Crossed Fibo 61.8 with strength
Target 300 / 345 / 375 / 422
SL 221
Old Call still active
#DEPAKNTRBinet's Formation
Gapup
Reversal confirmation
TGC with strength and gapup
Volume Support
CCI(D/W) crosses 100
CCI(M)>100
Crossed Fibo 61.8 with strength
Target 300 / 345 / 375 / 422
SL 221
Deepak Nitrite BREAK OUT AND PULL BACK HAS COMPLETED Deepak Nitrite BREAK OUT AND PULL BACK HAS COMPLETED.... as i think it is one of dolly khann pick
Breakout or reversal???Stock is trading near its trend line, if it breaks out, a good buying level would be around 167-175 but if it reverses from trend line, then 1st tgt would be 220 and next 230
LONGDeepak Fert Cons - STRONG Income (excise adj) up 34% EBIDTA up 57% at 143.8 cr Margin at 11.7% Vs 10% PAT up 73% at 46.2 cr
INVESTMENT CALL
Deepak Nitrite-Inv H&S breakout 182 Tgt 222Deepak Nitrite has formed inverted head and shoulders pattern between 142 and 182 in last 3 months. Today stock managed to sustain above 182 on closing basis. So i expect 40 rupees upside (182-142), from the breakout level, giving a target of 222. Will look to buy this stock,with SL kept below the 20 DEMA of 175. TimeFrame 4-6 weeks.
DEEPAKNTR, ABCD pattern in process. Go longThis stock just took support @ 144 SMA & may reach the "D" level (225+) by 2nd week of December. Stop loss near "C" level. (Or just 150)
DEEPAK NITRITE : Is this fall over..?Stock is trading near its FIB support cluster (82-85)where one more thing is adding support at this area i.e 200DMA. Stock also completing its bullish BAT pattern at 91.27. According to chart pattern stock may terminate its down fall and very soon we may see bullish reversal.
