DEEPAKNTR trade ideas
Strategic Buying Opportunities and Potential Surges in DeepakntrA good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900, 3000, 3500, and 4000
Strategic Buying Opportunities and Potential Surges in DeepakntrA good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900, 3000, 3500, and 4000
Strategic Buying Opportunities and Potential Surges in DEEPAKNTRA good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900, 3000, 3500, and 4000..
Strategic Buying Opportunities and Potential Surges DEEPAKNTRDeepak Nitrate
A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900, 3000, 3500, and 4000.
DEEPALNTRDEEPALNTR - Breakout after long time can head towards 2650-3000+ levels easily.. Accumulate.. Core portfolio stocks..
Deepak Nitrite Limited (DEEPAKNTR) 2 year range BREAKOUT🚀🚀🚀FOLLOW ME FOR MORE SUCH AMAZING IDEAS.
Deepak Nitrite Limited had been pretty quite in this bull run but not anymore. We are witnessing momentum in Chemical sector and Deepak Nitrite Limited is giving its breakout in this juncture.
The growth of the company is picking up quarter on quarter basis.
eps rising ✅
net profit rising ✅
sales rising ✅.
Why I took long on Deepak Nitrite ? CMP 2440Before I share my analysis on this chart, I'd like to emphasize that this is intended for educational purposes only and is not financial advice.
1) Throughout December 2023, the chemical sector has shown promising signs of positive volatility.
2) In my view, after two years of consolidation, the chemical sector appears poised for an up move.
3) Deepak Nitrite underwent a time correction in the last year, but it is now breaking out of the consolidation range and showing strong momentum.
4) I noted that before the breakout, it formed a higher low, and the volume was high during the bullish candle, suggesting a strong potential for further movement.
5) The two weeks of consolidation before the breakout were a positive sign, indicating that the breakout is likely to sustain and we may see more upside in the coming days.
6) Finally, keeping a close eye on our risk appetite and establishing appropriate stop-loss levels is important.
I hope this analysis is helpful to you. Please let me know if you have any questions or if there's anything else I can assist you with. NSE:DEEPAKNTR
Deepak NTR | Good for Long | Budget Special NSE:DEEPAKNTR
CMP: 2379
Reason for Trade : Verge of WEEKLY BO
Entry : Cmp or near Support 2280
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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DEEPAKNTRDeepak nitrite has good move in weekly. next stop would be the 2940 level. Support is 2380.
Amazing breakout on Weekly / Daily Timeframe - DEEPAKNTRCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
Deepak NitriteThe scrip is looking good to go long
if it closes and sustains above the violet
TL. It has touched this resistance line 5 times
since April 2022. Average volume is more than the last 30 days average volume.
First target is 2684.
SL 2057 for investment.
Bullish Breakout Setup - Darvas Box PatternChart displays a compelling Darvas box pattern, indicating a consolidation phase and potential breakout opportunity.
Long-range accumulation signals growing investor interest and positions being built for a potential upward move.
Key Points:
Darvas Box Pattern: Recognized consolidation pattern, suggesting a breakout in the prevailing trend direction.
Volume Analysis: Notable volume buildup near the breakout zone, with expectations of volume expansion post-breakout, indicating increasing market participation.
Resistance Levels: Anticipate potential resistance at R(1) and R(2) post-breakout; monitor how the price reacts at these levels.
Trade Idea:
Consider a long position upon confirmed breakout, ensuring sustained volume and price action support the bullish move.
Use proper risk management techniques to mitigate potential downsides.
Regularly monitor price action, especially around resistance levels, for further confirmation and adjustment of the trade.
#Deepaknitrate broke after long consoldation#Deepaknitrate broke after long consoldation finally now next stop should be 3k , Seems nice move is up for chemicals and IT space
DEEPAKNTR review - offers ample opportunity to enterreviewing NSE:DEEPAKNTR
chart posted on 5th Sept 2023 when the price was 2280
After that, it reached a low of 1921 and is currently back at 2386++
This stock offers ample opportunity to enter before it moves up towards 3000++
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
link of 5th Sept 2023 post given below
DEEPAKNTRCompany has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 31.5%
Buy above 2340 for Target of 2680, 2800 ++ with Stop loss 2250 CB
DEEPAKNTR LONG TERM BULLISHAfter long consolidation and turnaround in numbers, chart and technical analysis suggest a good FLAG and POLE breakout of 2300 points target in 6-9months timeframe.
GOOD time to ENTER and HOLD patiently.
Deepak Nitrite Reversal#Deepaknitrite CMP 2200 seems that downside is limited and chart is showing a possible reversal from the demand zone. Can be added for 2300/2600/2900.
Deepak ntr triangle patternSupport break. Downside target will be minimum 5%. Sl will be just above the support line
Deepak Nitrate Cmp 2076 Evening Star CandleDeepak Nitrate Cmp 2076 dated 9-11-2023
1. Evening Star Candle
2. RSI Divergence
Sell below 2065 target 2045-2020-1990-1960
SL 2125
It is just a view, please trade at your own risk.
DEEPAK NITRATE buy for the tgt 2325script find support @ weakly upward trendline after fill imbalance...
daily structure turn bullish...
1h structure break resistance n become support...
so one can accumalte for the tgt 2325 for swing trading...
for investor can hold for all time high target....
Good upmovement expected in DEEPAKNTRDeepak Nitrate was in downtrend after a massive uomovement and that downtrend is now seem to be converting into uptrend and now it can show a very massive upmovement.
