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ChrisBhansali

Deepak Nitrite swing trade - Target - 2500, 2800

Long
DEEPAK NITRITE (NSE:DEEPAKNTR)  
ChrisBhansali  
NSE:DEEPAKNTR   DEEPAK NITRITE
Trend Analysis Chart Patterns Technical Indicators swingtrading positional priceaction
2
0
trendanalysis chartpattern indicator swingtrading positional priceaction
It has taken a support at the trendline and has also given a positive breakout above the resistance 1 on a shorter time frame. It is also taking a support at 100 EMA. Short term target will be 2500 and medium term - 2800.

There is also increase in volumes today and RSI moving upwards. Increase in delivery % can also be seen.

Best of luck!!!
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