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DEEPAK NITRITE LTD
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Deepak Nitrite

Oleh naraykln
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Deepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Once rectangle breakout happens, stock would roar.
Catatan
Sector is bleeding. Tremendous pressure in chemical industry. Looks like tough quarter in Q2 as well. Weekly chart showing formation of H&S pattern.
Catatan
Concall states muted growth for next 3 quarters
Catatan
Weekly RSI is about to breakout trendline. We can see some good upmove this month if broken. Maybe like 2850, 3000. 15% upmove.
Catatan
ATH. Long way to go.
deepaknitriteFundamental AnalysisRectangleTriangle
naraykln
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