DEEPAK NITRATE INVERSE H&S Breakout.Everything is present in chart.
Deepak Nitrate has given a very good breakout from previous resitance which it failed to cross multiple times.
Also we can see inverse H&S pattern to support our idea.
I am not a Sebi registered advisor.
Please do your own research before investing.
DEEPAKNTR trade ideas
Deepak NitriteHello & 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
Deepak Nitrite Ltd.*Deepak Nitrite Ltd.
P&F Formation on Yearly Basis.
Strong Vol Consolidation. Continued BuiltUp to be Watched.
Price BreakOut above 2271 Needed
Sustained, Then Good to Go!!
Resistance @ 2371 / 2399.
RSI: 1H =D > W=M
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Deepak nitrate Will continue down moveFor all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
DEEPAKNTRNSE:DEEPAKNTR
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
#DEEPAKNTR...looking good 18.05.23#DEEPAKNTR.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS