DEEPAKNTR fut broke out of range & ascending triangle on an hourly chart with decrease in open interest ahead of expiry suggests short covering in the counter. Could be bought with mentioned stoploss & target.
DEEPAKNTR fut is about to break above triangle pattern on WEEKLY charts with OI building gradually. Could buy above 2099 with mentioned stoploss & targets. Not to be missed breakout for bigger targets with very good Risk:Reward Ratio.
YOU CAN BUY DEEPAK NITRILE AS PER CHART (descending trianle pattern breakout ) THANKS
Reasons and indicators to buy: -RSI above 60 -MACD Crossover -Higher volume than the past 5 days.
I LIKE OPTION... 1960 CE CMP 61 POSTED MY PRSNL VIEW NT ADVICE TO BUY OR SELL
Watch Deepak nitrate, it's all set to make all-time highs soon.