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ShelendrAgrawal
Mar 21, 2022 4:48 PM

Delta Corp Ltd. Analysis !! Broke Out. Long

DELTA CORP LTDNSE

Description

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📈 Delta Corp Ltd 📉

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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