#DeepakNitrite CMP 2100 is respecting the Demand Zone between 1700-2000 and now ready for 2300/2600/2900 SL 2000 on weekly closing basis. Please do your own study before any investment.
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all stocks hv strong potential to gain atleast 30-50% in short period.
educational purposes only .
ABOUT
Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine
& Speciality Chemicals, Performance
Products, and Phenolics.
PROS
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 31.5%
Deepak Nitrite is forming Cup and Handel patterns on the weekly and daily timeframes. Can expect a good move once the pattern completes. Hold for long
I'm just a beginner and learning stock chart patterns, do let me know any suggestions and possibilities for improvements.
BUY - DEEPAK NITRITE
CMP - Rs. 2027
Target - 1: Rs. 2510
Target - 2: Rs. 2975
Target - 3: Rs. 3450
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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As Per technical analysis Deepak Nitrite Ltd Looks bullish in Intraday Trade.
Buy Above 1950-52, Stop Loss 1935, Target 1970,85
Only for Educational Purpose
The chart depicts the beautiful set up for investment / trade opportunity.
Recently stock has given a breakout and retested that level with Doji , follows up with Morning Star and Three White Soldier .
The volume builds up through the week and golden crossover at morning star candle clearly indicating a strength in stock.
Weekly Chart
From April’23,...
wait for conformation and retracement and go futher
entry after : 1880
refer our old idea attached below
midcap stocks are going to boom.
long term investment; min 40% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
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. more than that " deepak nitrite " is...
