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DEEP IND - Recovering Strongly

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NSE:DEEPIND   None
Supply and Demand Support and Resistance Fibonacci DEEPIND Oil
32
6
supplyanddemand supportandresistance fibonacci deepind oil
It has been observed that the price action corrected sharply from the 340-320 levels and deeply went down to the previous support zone at 200-210 levels where now buyers coming and volumes increasing. Overall, indicating an upward move ahead. It is a sound company fundamentally with profit growth of 43% for last 5years. Currently, trading at low P/E.

T1- 270 (16%)
T2- 310 (33%)
SL - 200 (14%)

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