Resistance Breakout In Delta Corp

The stock has given 3 unsuccessful attempts to cross its important level of 210 and today it has crossed & closed above with double volumes. This stock also trading in Higher-High & Higher-Low trend. The next resistance is around 240 and that is our first target.

Again the same strategy, buy 50% quantity from current levels and remaining on dip around 210-212. Keep stop-loss of 205 on a closing basis and hold for the target of 230/240/250.

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Trade closed: stop reached


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