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DEEPAK FERTILISERS healthy correction looks good for this level 580 closing basis
Trend reversal. Good volumes at bottom. Above key moving averages. Normally after December we have seen good rally, this time it is due ..
B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS RUNNING FLAT : • A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double...
Deepak Fertiliser is consolidating in a range since a year and have tried multiple time to break the resistance area. In a weekly candle it attempted a breakout from major supply zone and formed a doji candle above it which is a candle of confusion. Pice above dojo candle will be confirmed breakout or it can once retest in retest zone and than give a breakout
I have been following this script from January 2022, Initially #dfpcl caught my eye as there was formation of cup and handle near 500ish levels , the target from the pattern 990, which was observed in oct 2022. deep correction from 1000ish levels in oct 2022 to 530ish levels in march 2023. now consolidating in range of 530-670 forming a base and what looks likely...
Deepak Fertilizer has given the BO on Daily TF. The stock had been in a consolidation for quite sometime and now it has given the BO. Fundamentals are good
Deepak fertiliser one year old trendline weekly breakout with huge spurt in volumes and good news of demerger of its business on the cards so add for swing target of 823 and 1061.
On both the timefarme of daily and weekly Deepak Fertiliser is looking strong to come out of a long consolidation range. Above the level of 675 i am seeing a target of 800+ in the stock. Its a coming long opportunity
Deepak Fertilizers & Petrochemicals Corp Ltd 1 - Possible Round Bottom Seen 2 - Good Volume Buildup 3 - Change in Trend All the marks are given in the chart
Deepak Fertilisers view for tomorrow 30th Aug Buy view above 591 with strict SL (Intraday view) Follow strict risk reward and stop loss.. Charts for Educational purposes only. Thanks, V Trade Point
SHOWING promise of bottoming out once crosses first 592 and then 610 will target 690 ,795 . 84 days down/sideways cycle ended on 31st august since then showing promise of bottoming out.
GIVEN break out in weekly time frame. volumes are gud. sl will be elephant green candle low. supported by gud fundaments.
Go long in deepak fertilizers. Trend line support. Entry 596.25. Target 612. Stoploss 578
Waiting for breakout once crosses 605-8 level you will see sharp rally and target of 965 minimum
Stock at Supporting zone with Volume increasing now at accumulation stage
In the Weekly Chart of DEEPAKFERT , we can see that, it has formed a Double Bottom Pattern with a Bullish Candle. We ca see a reversal from here in DEEPAFKERT.
Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) is one of the largest manufacturers of chemicals in India. It manufactures Technical Ammonium Nitrate (mining chemicals), Industrial Chemicals and Crop Nutrition. The products of the company have uses in Explosives, Mining, Infrastructure and Healthcare. The company was set up in 1979. ~2nd largest...