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 trade ideas
Deepak nitrite long oppportunityDeepak Nitrite is a fundamentally strong company and has a great future ahead. It is forming a triangle pattern after a big rally to the upside. You can enter the stock as soon as the triangle is breached. We can expect continuation of the move after the breakout. EV/EBITDA valuation model gives a target price of Rs 2500. It is a long-term bet so manage your risk accordingly.
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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DEEPAKNTR ::: BULLISHDATE: 18 MAY 2021
INSTRUMENT: DEEPAKNTR
TREND: BUY
TIME FRAME: 3 HR
CMP: 1815.5
BUY ABOVE: 1838
STOP LOSS: 1710
TGT 01: 1982
TGT 02: 2144
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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