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vinay_aravelli
3 de Dic. de 2021 13:44

Head&shoulders pattern in Deepak nitrite 

NSE:DEEPAKNTR1D
DEEPAK NITRITENSE

Descripción

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Deepak nitrite formed head&shoulder pattern and broke neckline on 22Nov.
target1: 2050(achieved)
target2 : 1750-1720
200EMA : 1962
Chart PatternsHead and Shoulders
Comentarios
amitmaneconnect
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with rising volume it has taken support at 2050... i think it will not rise from here..
amitmaneconnect
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sorry.. read as it will rise up from here.. not expecting down side
vinay_aravelli
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Yes it looks like it will not fall again ..took support near 200EMA multiple times.In worst case if it fall we can see 1950-1980
amitmaneconnect
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@vinay_aravelli ok 👍
amitmaneconnect
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@vinay_aravelli.. As new covid variant increased chances of third wave... DEEPAKNTR will benefit from its Iso propyl alcohol business which is mainly used in hand sanitizer
vinay_aravelli
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Hi @amitmaneconnect, I am looking for speciality chemicals stock to add in my porfolio I have added Deepaknitrite @2100 and looking to add another one stock & stuck with Aarti ind,SRF,PIInd,Alkyl amines for long term which will be the better in your opinion
amitmaneconnect
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@vinay_aravelli Aarti Industries is best.. around 900-930.....Strong Fundamentals
PrakashGJain2803
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Invalidated when neckline is broken upside
vinay_aravelli
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@PrakashGJain2803, oh okay
abhaybahekar99
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same head and shoulder pattern in srf stock
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