This is a range bound trading strategy
Many people believe that Delta Corp will not sustain because of increase in GST.
But this type of business is a addiction so to say.
Also the increase in GST has reflected in stock price.
I have mentioned my buy and selling price in chart
PS: Not a recommendation to buy or sell
NSE:DELTACORP is trading at best buy level and also a strong support area. My idea is to take entry at 207 with stop loss of 189 (-18 Points Risk). My expected up side target will be 257 (+50 Points). It mat take 3-4 weeks to get target.
Note: This is my personal analysis, only for learning. Thanks.
NSE:DELTACORP is consolidating above level of 218. My idea is to take entry at the level of 219 with strict stop loss of 202.
My expected upside target will be 229, 245, 256 & 270. Best risk & reward option.
Note: This is my personal analysis, only for learning. Thanks.
NSE:DELTACORP
Risk Reward is good !
Wait for 1 Hour close on the Trendline.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
📊 Script: DELTACORP (DELTA CORP LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500
📊 Sector: Consumer Services
📊 Industry: Leisure Services / Amusement Parks/ Other Recreation
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Also Crossover in Double Moving Averages.
📈...
After i good upside rally now NSE:DELTACORP is ready to take some rest or retracement.
As per my analysis. Best level to buy DELTACORP LTD is :
Entry level (Buy level) 204
Target 1: 229 (15 Points Gain)
Target 2: 250 (46 Points Gain)
Target 2: 271 (67 Points Gain)
Stop loss will be : 189 (Risk 15 Points only)
Note: This is per personal analysis, only for learning
DAL is trying to form a strong uptrend with these double bottoms, once this one develops the trendline will also become more apparent
This is the Weekly chart
Delta corp is near breakout level.
The stick is in consolidation from long time and it is trading near resistance with good volume.
Traders can trade this breakout.
NSE:DELTACORP
#DELTACORP 250 CE shared with entry @ 13 and it bagged 10k till, details shared for your reference !!
Potential levels shared everyday with out fail, 7/10 stocks zooooom.
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