lets_learn_trading

LIKELY BREAKOUT AHEAD

Long
NSE:DELTACORP   DELTA CORP LTD
quarterly cpr is narrow

the price has taken resistance near quarterly H4 & R1 for quite some time now and has formed an ascending triangle as well

the cpr, cam and money zone for next month are extremely narrow which indicate a potential range expansion in the coming month.

sustaining above 240, could push the price to 280+ levels

one can use weekly cpr levels to trail the move.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.