Login or Join
Learn then Earn

(DeepakNitr) Deepak Nitr complete technical analysis [charts+indicators] | Buy/Sell Deepak Nitr | (DeepakNitr) share price targets

Complete technical analysis of Deepak Nitr (DeepakNitr) by charts plus indicators, forecast predictions and share price targets for Deepak Nitr (DeepakNitr)

10 day averaged volume of Deepak Nitr is 18812

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 2444.40 2480.30 2484.40 2415.00 0.478 times
02 Thu May 2024 2478.50 2428.00 2499.40 2417.65 0.499 times
30 Tue Apr 2024 2428.55 2438.25 2473.90 2419.90 2.188 times
29 Mon Apr 2024 2442.65 2491.10 2508.70 2425.00 2.064 times
26 Fri Apr 2024 2478.25 2440.40 2534.85 2406.20 1.575 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2424.3, but if it comes below 2424.3, then a intra day sell could be more profitable.
If you take a sell trade below 2424.3, then use 2424.3 as stoploss and 2328.8 as target. However if you take a buy trade in stock , then use 2424.3 as stoploss and 2538.8 as target.

Share price targets for Deepak Nitr (DeepakNitr)

Target Type Value
Downside Target 2036.05
Downside Target 2121.00
Downside Target 2346.85
Downside Target 2377.85
Downside Target 2415.00
Upside Target 2499.40
Upside Target 2508.70
Upside Target 2520.00
Upside Target 2534.85

Intraday share price targets for Deepak Nitr (DeepakNitr)

Target Type Value
Downside Intraday Target 2403.37
Downside Intraday Target 2362.33
Upside Intraday Target 2497.07
Upside Intraday Target 2549.73
Upside Intraday Target 2456.03

Weekly technical analysis of Deepak Nitr (DeepakNitr)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 2444.40 2491.10 2508.70 2415.00 1.224 times
26 Fri Apr 2024 2478.25 2272.00 2534.85 2270.90 1.035 times
19 Fri Apr 2024 2270.20 2267.25 2365.00 2249.00 1.145 times
12 Fri Apr 2024 2313.50 2223.90 2346.85 2184.25 0.972 times
05 Fri Apr 2024 2219.45 2126.15 2230.00 2121.00 2.74 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Deepak Nitr (DeepakNitr)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 2444.40 2428.00 2499.40 2415.00 0.049 times
30 Tue Apr 2024 2428.55 2126.15 2534.85 2121.00 1.981 times
28 Thu Mar 2024 2121.65 2208.90 2250.00 2036.05 0.515 times
29 Thu Feb 2024 2212.60 2350.00 2377.85 2163.00 0.799 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Deepak Nitr (DeepakNitr)

Indicator Name Indicator Value Indicator Signal
ADX 33, 8, 60 Buy
MACD 112, 94Buy
Stochastics 70Buy
CCI 53Sell
RSI 59Buy
OBV 72536Sell
VWAP 2422Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Deepak Nitr stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Deepak Nitr in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Deepak Nitr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Deepak Nitr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Deepak Nitr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2421.61 and Deepak Nitr (DeepakNitr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Deepak Nitr (DeepakNitr) stock. Volume based technical analysis of Deepak Nitr (DeepakNitr) stock is negative.

Deepak Nitr Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Deepak Nitr charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme