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Dinesh_C_Nagpal

Deepak Nitrite

DEEPAK NITRITE (NSE:DEEPAKNTR)  
Dinesh_C_Nagpal Updated   
NSE:DEEPAKNTR   DEEPAK NITRITE
Trend Analysis Technical Indicators chemicalsector ichimokucross chemicalstock ichimoku_soporte_resistencia chemicals ichimokusignal ichimokuscholar ichimokutrainig ichimokutraderinindia
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trendanalysis indicator chemicalsector ichimokucross chemicalstock ichimoku_soporte_resistencia chemicals ichimokusignal ichimokuscholar ichimokutrainig ichimokutraderinindia
Hello & welcome to this analysis using Ichimoku Multi Time Frame Analysis

Stock has a history of lengthy periods of sideways correctives. The current scenario suggesting a trend line resistance if taken out then upside till 2250-2350 where it faces a major resistance. Support at 2050-25 if violated then next major support at 1900-1875. Anything below that would be bad for it.

Happy Investing
Comment:
2350 is a big resistance, if taken out (at least daily basis ideally weekly) then up move will be super strong
Comment:
Huge breakout in weekly time frame
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