ABOUT
Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL
Market Cap
₹ 33,426 Cr.
Current Price
₹ 454
High / Low
₹ 488 / 341
Book Value
₹ 124
Dividend Yield
0.00 %
ROCE
-11.4 %
ROE
-13.5 %
Face Value
₹ 1.00
s currently exhibiting a classic "VCP" pattern, which stands for "Volatility Contraction Pattern." This pattern typically indicates a period of consolidation and lower volatility after a significant price advance, followed by a breakout to new highs. It suggests that the stock is absorbing selling pressure and building a base before potentially making another...
logistics is a highly fragmented sector in India
so my train of thought is that this should do well and keep growing orgaincally
TA wise flip blue make a HH pull back then full send
Yes, absolutly delhivery change as uptrend as per my calculations. As per my analysis it change from down trnd to uptrend . So right time for long term as per my view my entry 359 and sl 330
NSE:DELHIVERY
Forming Base
Made Morning Star Doji
Buy if close above 365 on daily basis
Check volume also
Technically it in Sell
Rsi oversold
Good Stock of Logistics
1. Entry method could be based on confirmation through any method - I would wait for 1 Daily close inside the Blue Box (Daily Demand Zone & then Buy when Green candle close abv the Blue Box.
2. Wait for RSI Swing Failure or PD formation & Confirmation or more simple is to wait for RSI Counter Trendline Break on Daily Chart after PD formation on Daily or Hourly chart
1. Entry method could be based on confirmation through any method - I would wait for 1 Daily close inside the Blue Box (Daily Demand Zone & then Buy when Green candle close abv the Blue Box.
2. Wait for RSI Swing Failure or PD formation & Confirmation or more simple is to wait for RSI Counter Trendline Break on Daily Chart after PD formation on Daily or Hourly chart
This is the one of the best transport service company in India, very nice chart pattern created in weekly time fream, biggest opportunity this time in this stock
👉🏻Stock Trading above 20 & 50 EMA
👉🏻Price breaking a large base.
👉🏻Breakout above 400 Support 380
👉🏻RR Favorable for going long
Don't forget to hit that❤️for a like🔁for a share,and🔖for a bookmark!
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As seen in the chart, delhivery is currently trying to reverse it's trend from a bottom of 300.
350 has acted as a strong support and 400 is proving as a good resistance.
As per pattern, since the stock was in a long term downtrend, the zone of 400-350 can be considered as accumulation zone as the buyer's activity seems quite strong here.
A close below 350 can...
NSE:DELHIVERY When Delhivery Close Above 400 Level Then UPSIDE Our first Target is 422 & close above 422 then Second Target is 452 In Upside. Then Next Target As Per Fib Retracement Levels.
