DELTACORP
Swing Trade Idea #209 : Long on DELTACORP This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Delta corp - 3/Dec/2020 Long entry - Swing and positional tradeDelta corp - Major weekly trend line has broken. Price moves bullish
Buy signal - set Stop loss below candle low or trend line below. Depends upon your risk appetite
Good for Swing trade hold it for 3 to 4 days.. depends upon candle momentum strength
Deltacorp - Nov Mid 2020 - Technical analysis - Trend tradingIntraday - swing trade - positional trade possible trade
In higher timeframe(M+W) both are down trend
In correction market is uptrend with HH,HL - price near to monthly and weekly trendline
In Day TF - Price moving inside channel pattern +There is a Key level S/R area in Day TF
in Lower TF 1H and 30Min - drawn minor trendline (Intraday)
If trendline breakout with LH,LL confirm the price moving down
First Target upto Key level S/R area. And if price break Support area + channel breakout, so the market still on downtrend
(Positional Trade) If price break weekly TF - wait for candlestick confirmation or wait for price action confirmation HH,HL then draw Minor Trendline and make an good entry
DELTACORP | LONG | CHART#6Price tried to break the Supply Zone at 120 for about 5 times .
At this point(5th) time, stock is making higher lows with good volume, which clearly indicates a possibility of breakout above 120 level.
Also (20, 50)MA crossover confirmation
*IMPORTANT LEVELS to WATCH*
LONG above 120
Target1 @ 140 | Target2 @ 180
S1 @ 103 | S2 @ 95 | S3 @ 85
Good Luck Investors❗
-GokulHari
INTRADAY TRADING FOR 18/09/2018- "DELTA CORP"The trade position is mentioned only for 18/09/2018 if the stock is able to break the following levels, then only the "SHORT" will be generated
ENTRY - 257/-
STOP LOSS - 267.50/- (which I suggest to trail when the position comes in profit)
TARGETS
FIRST: 254.75/-
SECOND: 252.15/-
FINAL: 249.5/-
"EARN BIG PROFITS; TAKE SMALL LOSSES"
tv18 !!!! for 60++ will like to go long in the script forming a good marubuzu , followed up buying and sustaining the levels , stock beaten up laready , thus some good , can add great in market cap .. stop of 51 target of 60++ risk to reward near 1 : 1 .