DELTACORP Long term bullish Casino playOn bigger time frames, we can see a bullish wave pattern. We're in 4 out of 5. Wave 5 should be as big as wave 1 and coincides with our fib levelsLongby ispulkitUpdated 3
DeltoCorp: Another 55% correction possible?Looks like Delta corp will test 163 as firs support if that break 82 might be the next support, lets see what happensShortby udhaya0000Updated 121229
Delta: Is the DeltaIf an unlisted Lottery King can give 1000's of crores, al the political parties are lap dog of such industry, then definitely its raking in moolah. For Delta too, both technical & fundamental is getting rosy. Keep an eye. Longby SWFguy1
Delta corp is bottoming out Soon Delta Corp is Bottoming out soon irrespective of any news !! Stock is near long term support of 90-100 Currently stock is in a falling channel and prices may continue to go down unless it don't breaks the upper resistance of the channel Every time stock comes around long term support we can see huge upside of 200-250% in few months Keep it in watchlist and take your own decisions !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.Longby FiveCircles117
DELTACORP- AnalysisFor long term inventors only Early entry range 150 to 170, Add more above 202 Conservative traders buy above 202 Stop loss of closing below 165 Strict Stop loss of closing below - 102 Trade plan for next levels - Book some profit around 196 and add more if come again around 180 and revise stoploss. Long term Expected Targets 540 to 585 and 635 to 700 Please do your due diligence before trading or investment. *Comment or message me if you wish to see my analysis for any stocks. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.Longby PrashantTaralkarUpdated 3
[Basket] Delta Corp Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh4
Deltacorp : GAP Filling Pending Deltacorp : Approaching strong resistance, huge potential ahead to fill the GAPby roshansai0
DELTACORP WEEKLY CHARTDELTACORP WEEKLY CHART Ellipse breakout @ 160 MOB @ 245-255 Support 120 This stock post a breakdown has hit the MOB & now it would act as support. Fresh breakout @ 160, as a contra bet with MOB projected @ 245-255 levels. Its only my observation & not any suggestion or recommendation. Longby UnknownUnicorn4824761222
Delta corp harmonic gartly pattern On weekly time frame gartly pattern and price may retest . Also volume build up. I'm take entry on this based on technical analysis ( Swing entry) Sl-12/13%, Target -30/33% This is risky stock, because now company financial effect by 30% tax rule. Before investing check financial also may it help you alot . Longby biokon70Updated 2221
Delta Corp shows promising investment potential.Considering a stop loss at 122, potential targets for Delta Corp could be set at 154, 157, and 190, for educational purposes.Longby danchi10Updated 9
DELATCORP MONTHLY CHARTDELATCORP MONTHLY CHART Cmp 137 Ellipse support @ 120-105 This stock has corrected to its long term ellipse support, time to look for contra bet. Note: Ellipse calculated by mix of technical studies. Its only an observation & not any suggestion.Longby UnknownUnicorn4824761Updated 8
DeltaCorp (Intraday)Targets for DeltaCorp(Intraday) Buy above 142 Targets : 146-150-154-170 SL - 135 Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI6
Delta Corp prepping for a big moveDelta Corp has been consolidating after that insane GST news, and forming an inverse head and shoulders pattern....Any break above 160 with volume would signify a strong trend change...I have started investing little by little, my target is 450++, take positions at your own risk....Longby Roopesh802
DELTACORP : A high-risk high-reward opportunityCurrently, I hold positions in this stock, which is deemed to be high-risk primarily due to regulatory concerns surrounding taxation. My current position size stands at 1.25%, leaving an additional 1.25% allocation to reach the maximum limit per stock according to my trade plan. However, I am exercising caution and deferring the remaining allocation until I gain more clarity on the stock's future trajectory, considering the prevailing microeconomic conditions. The heightened risk, especially in the context of regulatory uncertainties, prompts a more prudent approach. Analyzing the shareholding pattern, as per data from Tickertape, reveals a substantial reduction in stake by DIIs (Domestic Institutional Investors) and FIIs (Foreign Institutional Investors) from April to September. Notably, mutual funds and retail investors are the only entities showing sustained interest in the stock during this period. Despite this, the data fails to provide a comprehensive understanding of the overall market sentiment toward the stock. Given these factors, I am closely monitoring the situation and will make further allocation decisions based on a more informed assessment of the stock's prospects and prevailing market dynamics. The company is fundamentally very strong and has a moat-like nature. The business is highly profitable and enjoys a significant competitive advantage. However, recent regulatory concerns and tax-related issues are major drawbacks going forward. As of now, I will be looking forward to gaining a bit more clarity on how the company plans to address these issues and how the government will respond to the concerns raised by the gaming industry. Once I have a clear idea, I will consider adding 1.25% more of my capital into the stock, bringing my total holding to 2.5%, as always. Otherwise, I will wait for a deeper market downturn to present a compelling value buying opportunity, ideally in the 40 to 50 range. Then, I will take a calculated risk with a comfortable margin of safety, allowing me to sleep soundly, with the hope that the company will resolve the issues it is facing at some point in time. My previous posts regarding this stock is attached underneath this post. Do check those out.by Sniper-Traders4
DELTA CORP Positional View @ 09-11-2023DELTA CORP Monthly Analysis 1st Entry Opportunity - 120-142 2nd Opportunity - 59-86 Targets :- 410,497,589+ "Be Fearful when others are Greedy and Greedy only when others are Fearful " - Warren Buffett I Considered this is the Best Opportunity for Delta Corp Always Trade What You See not What You Feel........ John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Than You Universe 🙏🙏🙏💐 Thanks to all my Teachers ....🙏🙏🙏💐Longby TheRadhaKrishna7
bought delta corp today my entry price is 177 and i am very comfortable in this price my target was 175 on this and was waiting from some time to get an entry but i am not sure that this a bottom but i am willing to take 50 percent of the quantity i can invest in this stock at this price 170 should hold on this stock there are many expansion based reasons for the fall in share price and the current off season in travel industry but it is a very good price to start accumulating this stock will further add my view on this post by TradegainerUpdated 115
What to do about Delta Corp?I am pretty neutral about delta corp. On one hand you could make the argument that it is forming a bull flag pattern.....But with whole GST fiasco, I'm a bit skeptical..... However, does gambling and drinking really go away? As long as there people who are willing to spend, these activities will exist. I hope the GST council comes to it senses and makes reasonable decisions. So what to do about this stock....Best case scenario, things will hopefully clear up in the next few months, worst case scenario would be they close up shop and move to another casino friendly country.... It is a risky bet, but if you really want this stock, open only small positions, not more than 1-2% of your capital or wait and let some more clarity come with regard to its GST issue... Be patient, market offers infinite opportunities, don't have FOMO, let Price action dictate the direction of the stock....by Roopesh80Updated 0
short target 165as in weekly or day chart strength losing so go for short with stop loss 231 today's price 216 1st target 165 Shortby pankajsha59Updated 4
DELTACORP : It's time to be cautiousThe company has encountered significant challenges stemming from repeated issues with the tax department. Initially, it was the imposition of a 28% GST on the betting amount, followed by the substantial Rs 11,139 crore tax liability. Given the uncertainty surrounding how these circumstances will ultimately affect the company's long-term profitability, it is advisable to exercise caution when considering investments in its stock. I currently hold a position equivalent to approximately 1.25% of my capital, and I intend to maintain this position without further additions until a clearer understanding of the situation emerges. My previous analysis is attached underneath this post. Check that out too. Shortby Sniper-Traders8
delta corp ltdgood cash long good RR available 1:4 only minus is against the trend Longby spa_simplepriceaction2
Delta Corp SetupThis 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 sellby Reycil5
DELTACORP : Potential for a High Risk-High Reward tradeDeltacorp is a monopoly business in India. They are the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The recent rapid sell-off was mainly due to the 28% GST imposed on online gaming, casinos from October 1 by the GST Council. The announcement was made on July 12th and it's almost 4 weeks since then. The market didn't crash further from the initial levels it crashed to. So there are chances that the market did price in the negative impact that this news is going to have on the scrip. But still we need to see how the industry acts on this decision, in the coming days and hence further crashes are still on the cards. The financials are not that attractive and the valuation is also high. But still there are high growth prospects for the sector and the stock in the coming years. So I'm willing to take this risk and have entered into a position. Further details will be updated underneath. Longby Sniper-Traders119