Delta Corp Ltd. Analysis !! Broke Out.

πŸ“ˆ Delta Corp Ltd πŸ“‰

Today broke out from a resistance zone 295-305 on closing basis after testing four times.

On Buy Side I am looking for Targets of 350-360 zone.
Target Calculation = 2*(Resistance Level - Last swing low)

StopLoss should be kept in 270-275 zone.
It offers 1:1Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached

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