Bravetotrade
Long

Delta Corp: The Breakout Trade

NSE:DELTACORP   DELTA CORP LTD
Notes on the chart.

Trade Safe

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Bravetotrade
Comment: Stock is performing well since the breakout but currently trading at 188 which is 61.8% of the downleg from 218 to 139.

So far nothing suspicious, manage SL so as to lock some profits.
Comment: It would be interesting to notice stock behavior near 200/209. Until then trailing would be the best strategy.


Comment: 2nd get also achieved.

After crossing 197 hurdle, 208/209 would be an easy move.

The harmonic pattern above has been suggesting reversal on that spot but only the price action would reveal what can be the future direction.
Comment: For remaining position my SL is at 185.
Comment: Moving SL to 189
+1 for the Fancy way to show the Targets and SL
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Bravetotrade Einstein15
@Einstein15, thank you.
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good 1 bro...
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Bravetotrade AkshatPatwa
@AkshatPatwa, Thanks bro.
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bearishbull1968 Bravetotrade
@Bravetotrade, nice catch :)
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Bravetotrade bearishbull1968
@bearishbull1968, thanks :D
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