Deepaknitrite
Deepak Nitrite H&S formation (Bullish)Hello traders, the last position made was Bhartiartl it's going good we are above our entry and sitting of near about 2% profits.
Now speaking or deepakntr we can see a inverted head and shoulder pattern in formation, if it completes the pattern and gives a neckline breakout that'll be our entry point.
Buy Above - 2365
Targets mentioned in the chart above.
RSI is coming to bullish zone
MACD is above the signal line
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DEEPAK NITRITE - Bullish Engulfing at Retest - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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STRONG MOMENTUM in DEEPAK_NITRITENSE:DEEPAKNTR
current week candle showing good momentum.
CURRENT WEEKLY BULLISH CANDLE ENGULFED PREVIOUS WEEK BEARISH CANDLE , it may show good reversal towards its all time high.
it can be taken as short term trade. ready for a BIG MOVE.
do your own analysis before investing.
Deepak Nitrite forming Triangle PatternDeepak Nitrite forming Triangle pattern heading towards breakout any side possible.
Upper Side Breakout will achieve an immediate Target of 1870 after then will moving towards 2000 levels
Downside Breakout will achieve an immediate target of 1700 and after that heading towards 1600 levels.
Short Term Cash BUY DEEPAKNTR @1805-1810 SL 1760 TGT 1930It is above moving average(10,20,50 days) which is a bullish sign.
Cloud break out around 1772, followed by TK crossover.
MACD bullish crossover n all 15min, 30min, hourly chart support bullish momentum.
With pivot around 1766 which will act as support for short term.
DEEPAKNTR- Buy -Ready To RockAll chemical stocks are ready for a upside momentum
DEEPAKNTR
Buy- Above 1840
SL- 1745
Target - 1955 2025
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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