boomrajat

Deepak Nitrite Breakout

Long
NSE:DEEPAKNTR   DEEPAK NITRITE
DEEPAKNTR

Deepak Nitrite is showing a Trend line Breakout on daily as well as weekly Time Frame, with strong breakout in volumes. Stock is also formed a Cup n handle pattern and given a breakout above its 2150 levels. Stock is looking strong and can continue the rally in upcoming trading sessions as sector has positive news in addition. This creates a good swing trading opportunity where stock can quickly show 2300 levels and for long term as you all know, this stock is a diamond. So do watchout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.