kumardkp123

DELTA CORP nice breakout with volume today

Long
kumardkp123 Updated   
NSE:DELTACORP   DELTA CORP LTD
it looks deltacrop in uptrend broad wedge . today b.o. small cup holder pattern . with volume may show further 220 to 240 .
Comment:
level1 220 reached now 223 ..closing and remaining above 225 may show other remaining levels an d may even open higher leveles 250-60-70-80.
Trade active:
as technically closing and sustaingn above 220-225 area it cross previous high of downtrend thus give a upward trend change ..rest upto market
Comment:
now 230 level 2reached ...letus hope that longterm downtrend reverseal to Uptrend happen and will open to go last high in time to come...while considering its move on any side may depend on many factors
Trade active:
today it closes above 225 on daily chart and also made high of 233.80 ,
now one may assume it will touch it all time high in coming days ...
one can take own decision as per there observation
Comment:
239.40 near 240 so done ..it was suppose to be quick target in current senario..but taken time...so short term 260-280.320-340-400 shuld come
Trade active:
observed first expected level 281 reached ..shuld recover full till ath ..let us see in coming days cmp 284
Comment:
made high 307 near 309 level on chart ,bur was expecting much higher today 320-40..,and to reach near previous ath ..let us see.??
Trade active:
after making recent high it gone under 1month consolidation..and breaking out after making new pattern on weekly daily flag pole..(one can consider)..
if reamain above current level..
one shuld observe its upmove..towards 440 level..and than see further..
decide on ur own risk is ur for observing and learning..data trend..
Comment:
weekly closing above apr 2018 closing basis..good...now i
only remain 365-389 weekly basis closing
and 350 above monthly closing.
than ath..
after which it may form round bottom kind or any other pattern for long term upmove...
decide on ur own check funda techno on ur end risk is your...market need to be supportive for its upmove..
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