DEEPAKNTR LONG Swing Trademest capital indicator has generated an alert of going long in equity for DEEPAKNTR
Timeframe: weekly
Entry : High price of candel
Stoploss: Low price of candel
Happy trading 🙏
DEEPAKNTR trade ideas
bullish on deepak nitritestrong support on trend line
strong support on 200 EMA
Relative strength is positive.
Deepak NitriteTrendline Breakout and Retest done on Daily time frame in Deepak Nitrite. Targets are mentioned in chart.
Deepak nitrite About to breakoutStock looks good for a good upmove, Buy Above 2060 For targets of 2130 / 2200 And for long term 2372
Triangle breakoutStock brock the top trendline, volume is also seems decent. Lets see what will happen
Deepak Nitrite - gud long set up looking at the chart - nice pattern formation
triangle breakout
targets as per Fibo levels in chart
disclaimer - study purpose only
DEEPAKNTR TRADE SETUPThe stock is moving in a range and can give a good move . Keep this setup on radar - once closes above 2250 can give positional target of 2500/2680/2800/3000.Tacking support from fib 0.382 level and Type of Pattern Bullish Flag Pattern Disclaimer: This idea is for educational purpose and kindly buy as per your risk
Deepak Nitrate Cmp 2178 dated 12-9-2022Deepak Nitrate Cmp 2178 dated 12-9-2022
1. Cup & Handle Pattern
2. BO @ 2146
3. Price rise Volume Rise.
Buy @ Cmp for a tgt of 2245-2275-2340-2400
SL 2075
Pattern Target 2600+ SL 1950
It is just a view, pls trade at your own risk.
Deepak nitriteGive breakout with high volume
in weekly time frame
Which good Sign of uptrend
Recommend you to ride on positive uptrend with stoploss.
deepak nitritehi traders .,
1. deepak nitrite finally break the channel top also we can take it as bull flag.
2 . after 12 months consolidation period finally its broke
3 . in day wise its formed inverted h&s pattern
4 first target around 2400 & for long term target 3000
5 target period 15 - 20 days for 2400 (swing trade )
Deepak Nitrite - Cup and HandleDeepak Nitrite :
Cup and Handle breakout
Sustaining 2150 is crucial for a quick move until 2350 atleast
DEEPAK NITRITE - Falling Wedge Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Cup and handle Pattern breakout in DEEPAKNTRThe cup and handle pattern is one the most reliable pattern if it shows these signs in its formation:
Big volume buying on the reversal from lows which shows that institutions are buying.
Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure.
2x or 3x the average volume on pivot breakout.
Big price candle on breakout
Entry - 2185
Stoploss - 1930
Target - 2500/2600
I hope this analysis helps you take better decisions on the stock.
Thank you
Saurabh Yadav
Buy Today, Sell Tomorrow or SWING: DEEPAKNTRDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Falling Wedge Breakout in DEEPAKNTR
Buy Today, Sell Tomorrow: DEEPAKNTR
DEEPAK NITRATE IS BULLISHDeepak nitrate breaking out with huge volume
making cup & handle
target 1 and 2 mention in chart
SL should be 2000
do research before investing
Deepak NitriteDeepak Nitrite CMP 2128
Cup & Handle pattern on daily timeframe.
Cup size more than 400 points.
Looks good for the target of 2400-2600+
Long - Deepak NitriteLong on Deepak Nitrite
Good breakout | Swing Trading
#Swing Trading #Chartpattern
DEEPAKNTRNSE:DEEPAKNTR
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Deepakntr is looking good for upsideDeepakntr is looking good for upside
Sl below 1975
Target can be 15-20% in september month.
