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(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 20123

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 2472.60 2474.85 2483.05 2456.00 0.43 times
16 Thu May 2024 2447.55 2440.70 2456.00 2422.60 0.486 times
15 Wed May 2024 2424.20 2470.00 2478.85 2418.20 0.283 times
14 Tue May 2024 2466.25 2484.15 2490.60 2450.00 0.725 times
13 Mon May 2024 2483.50 2495.15 2517.60 2436.95 0.436 times

My analysis of stock is bullish for shortterm, and stock might move up till 2508.2 or till 2588.7. Use a stoploss of 2441.12 and if this stock hits its stoploss, then it can fall down till 2374.02

Share price targets for Deepak Nitr (DeepakNitr)

Target Type Value
Downside Target 2036.05
Downside Target 2121.00
Downside Target 2210.00
Downside Target 2365.00
Downside Target 2418.20
Upside Target 2508.70
Upside Target 2517.60
Upside Target 2520.00
Upside Target 2534.85
Upside Target 2620.00

Intraday share price targets for Deepak Nitr (DeepakNitr)

Target Type Value
Downside Intraday Target 2421.33
Downside Intraday Target 2370.07
Upside Intraday Target 2520.73
Upside Intraday Target 2568.87
Downside Intraday Target 2469.47

Weekly technical analysis of Deepak Nitr (DeepakNitr)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 2472.60 2495.15 2517.60 2418.20 0.309 times
10 Fri May 2024 2493.00 2505.55 2620.00 2411.30 1.563 times
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

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
17 Fri May 2024 2472.60 2428.00 2620.00 2411.30 0.585 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 25, 14, 29 Buy
MACD 93, 104Sell
Stochastics 18Sell
CCI -24Buy
RSI 60Buy
OBV 32275Sell
VWAP 2513Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Deepak Nitr ( (DeepakNitr) ) based on a short to mid 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 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 gaining momentum.

MACD generated a SELL signal for Deepak Nitr in short term but the sell signal is initial and weak.

Deepak Nitr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Deepak Nitr in short term but BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2512.97 and Deepak Nitr (DeepakNitr) stock is trading below this level. This means that stock is falling with high volumes. 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.

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