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DEEPAKNTRMARKET OUTLOOKSTOCK OUTLOOK

Deepak Nitrite Outlook for the Week (July 31, 2023 – August 04, 2023)

Deepak Nitrite Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Deepak Nitrite closed the previous week on a negative note losing 3.09%

Technically, Deepak Nitrite share price will see immediate support at 1,974.97 and immediate resistance would be seen at 2,037.47

If Deepak Nitrite share price closes below immediate support of 1,974.97, then sharp breakdown can be seen. Deepak Nitrite share price will see major support at 1,936.78 for the week.

On the positive side, immediate resistance will be seen at 2,037.47. Closing above 2,037.47, Deepak Nitrite share price will see a sharp breakout. Major resistance for Deepak Nitrite share price will be seen at 2,061.78 for the week.

Trading range for Deepak Nitrite share price for this week should be between 1,912.47 on down side and 2,099.97 on up side.

Deepak Nitrite Previous Week High: 2023.6

Deepak Nitrite Previous Week Low: 1961.1

Deepak Nitrite Previous Week Range: 62.5 Points

Deepak Nitrite share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 2,099.97
Resistance 2 2,061.78
Resistance 1 2,037.47
Support 1 1,974.97
Support 2 1,936.78
Support 3 1,912.47

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