Deepak Nitrate breakout after long timeNSE:DEEPAKNTR
After long time the Deepak nitrate has broke the resistance with good volume.
CMP: 2470
Date: 28/Dec/2023
DEEPAKNTR trade ideas
Deepak Nitrate- LongIn the Fib level it touched exactly at the reversal zone. Its expected to give the target of 2349.50. This is just my view. Please do your own research before taking any trade.
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.
Monthly weekly breakout todayThis is the best set up for go up by any share. I indicate all indicator by marking enjoy RSI then 16th both weekly and monthly chat CMO for momentum, bullish monthly and weekly. Just enter in police. In monthly this is the sign for the long run.
DEEPAKNTR BullishDEEPKNTR is looking good for a positional trade. Ultimate target of 3000 and above due to multi-time testing zone is going to break.And after time consolidation period of almost 2 years ...Is going to give break out and Fly in the open sky.
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
Most awaiting near to break outst ock This is clear cut about to happened Ascending triangle breakout. Just wait to cross.
Most awaiting near to break outst ock This is clear cut about to happened Ascending triangle breakout. Just wait to cross.
My view on DeepakntrDeepakntr looking good above 2400
Looking tgt 2500-2540-2600++
in very short term
It will break 2 year old resistance trendline.
Keeping on radar Deepakntr 2400 CE
DEEPAKNATR View 03-13-2023DEEPAKNTR Technical view
my view is for upside on this stock
also mentioned stop loss target level
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 😇
DEEPAKNTR for Intraday/ PositionalDeepak Nitrite making a flag pattern at 15 min timeframe. We can go long after the consolidation is broken.
Breakout possible.I have drawn a Fibonacci levels and trendline. Trendline breakout is possible and target would be 50% fibo retracement as shown in red path line on chart.
DEEPAKNTR Near Support after giving breakout it is retesting it's support level if market remains bullish we can see a upside move in DEEPAKNTR .
Triangle Pattern Breakout in ONGC Elliott Wave Analysis.:-
View 1:-
Triangle pattern
In connecting wave triangle pattern seems to be given a breakout and a retracement was taken place. we can accumulate with 1938 as stop loss. .
there are some alternative views. will share in next chart.
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 ,
Channel Breakout. Ready For Boom.Deepak Nitrate gives channel breakout on daily timeframe also increase in volume on daily timeframe. stock have potential to give good move in upcoming days. Current Price = 2342 1st Target = 2700 2nd Target = 3000 Stop Loss = 2200. NSE:DEEPAKNTR
DEEPAKNTR1.50 moving average upside
2.Big bar candle created
3.volume increase
T-1 : 2662
T-2: 2918
SL : 400
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register.
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
Deepak Nitrate view still hold with today's low as stop lossMarket is in corrective mode hence stocks have become very volatile however today's closing is ok and earlier view still valid in Deepak nitrate case chart self-explanatory.
Deepak NTRCUP with Handle Pattern is going to develop, I think stock should be move in up direction from here according this pattern.
Note:- If I am wrong with trend, please let me know, i will be happy.
Thanks
Dev
Deepak NTRDeepak Nitrite
Ready for a breakout
also seen as gap for fillout.
just 24 points
But this type of breakout is risky due to quick movement towards the Resistance. (260 points)
It will Sustain above the 2260 +for a few days then it will rock.
