WEEKLY MONTHLY right now channel breakout is done on the DAILY LEVEL and retracement was also done (some people may enter with the right now 2086 price for first and second targets with a stop loss of 1300 and also without stop loss and add more on deep ) who wants more surreality may wait for a week bar completing and watching weekly breakouts and then...
SL-1900 TG1-2300 TG2-2500 Good RR, small SL, Go long, available on decent discount.
Deepak Nitrite: Weekly candle entering 1/1(blue zone) and verticle 0.618 level with a bang and there by crossing Weekly 50 SMA too Resistances and supports are marked on the chart
Post consolidation of 16months waiting for good results - then it can be rebound in price tragectory waiting for more clarity on upcoming capex plans Result can be make or break event here but expecting some price movement before result 11May
DEEPAKNTR - I feel it's on it's way up from current levels.
In the Weekly Chart of DEEPAKNTR , we can see that, After Consolidation a strong upward momentum is done. Plan for Long Term.
NSE:DEEPAKNTR 23 DEC to till now 200 points of consolidation. keep your eyes on the stock .it may be rocket . its a good stock everyone wants in their protofolio it give high return in the past. below 1686 it will show bearish mood.
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
DEEPAKNTR Buy for intraday trading if stock breaks the given resistance level.........
Support level 1710 Next support level 1600 Buy for long term Lic increase stake in deepak nitrite..
Deepak Nitrate is at its Resistance Around 1820 level. If Open Gap down below 1820 then Sell, Target 1780/1760 SL 1825..
Week chart of deepak nitrite Strong support zone is 1685 Resistance is 2015 and Trendline as shown in the chart. Buy when price comes to near 1685
DEEPAK NITRATE has given breakout from falling wedge pattern. Considering the Price of crude ( below 100 USD), Which main raw material for its Product , this script can achieve the mentioned targets in the chart PS - 2nd Quarter Results might be affected due to fire accident in one of its plant in Gujarat, irrespective of that logterm growth of this script is intact.
Deepak Nitrate Fibo Levels Deepak Nitrate Shoud Bounce Back From This Levels For New High Best For Intraday Use 15 mins Candlestick For Long Entry
Deepak Nitrate Swing Trade, analysed as per Wave patterners . What's your views on this, please let me know