DELTA CORP -- POSITIONAL -- MAY 2022 -- DAILY CHART
1. stock currently trading at upper channel where strong support seen at 248-250 level consistently, stock close at 250 level at same support , as triple bottom support now
2. Resistance seen around 325-330 level from where correction taken stock to current level as oversold on daily chart
3. WAVE TREND also seen oversold and double bottom formation seen which is trend reversal from current level
4. trend line support seen around 225-230 level so stop loss can place bellow trendline support.
BUY DELTA CORP @ 250
Target 275-300-325 ( Positional 2 month )
Stop loss 215
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !!
HAPPY TRADING . !!