Deepak nitrate broke the zone after 1.5 years

Stock : Deepak Nitrate

Date: 23/Dec/2023

CMP: 2465

Time Frame : Weekly.

Analysis:

Deepak nitrate was moving side ways from long time.
It broke the range after 1.5 years.
Volume is also good.
In monthly timeframe as well it shows the good breakout.

Link: https://www.tradingview.com/chart/DEEPAKNTR/EgrR9tts-Deepak-Nitrate-breakout-after-long-time/

Disclaimer : We are not SEBi registered or authorised analyst.The chart/levels/projections are only for education purpose. This is personal view, please consult your financial adviser before taking buy/sell decision. We will not be responsible for your profit or loss.

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