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Dinesh_C_Nagpal
Mar 13, 2024 7:30 AM

DELTA CORP Long

DELTA CORP LTDNSE

Description

Hello & welcome to this analysis

Stock has entered into the potential reversal zone of a Bullish Harmonic Gartley.

As long as it does not break below 98 it has the medium term potential to retest 160-250 and then maybe more.

Since this is a monthly time frame pattern, its more of an investment idea than a short term trading one.

Happy Investing

Comment

In the daily time frame also a bullish Harmonic Pattern has formed - Butterfly at the same zone of the monthly bullish Harmonic Pattern - Gartley
Comments
gauravk1578
sir, expecting it will go down at 85 level where 88.7 retracment point.
the length of A wave meet there 100 %..
Dinesh_C_Nagpal
@gauravk1578, if the Gartley fails then yes that would be the next possible levl
motaronak
@gauravk1578 Yes that's correct 90 is based formation level
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