DELTACORP is piercing through 200MA. Attempting to anyway. NSE:DELTACORP
You can do short up to 98-100. I've used Bollinger bands, DMI and support level around 100 which is last hope for this stock.
DELTA CORP VIEW
Delta corp has correct more than 85% from highs I believe at this price level downside risk is low as we have long term support below Look at the chart for the levels
At major support may break down Sell below 191.5 sl 199 tgt 174
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"
DELTACORPweekly chart study Every dip upto 200 is a buying opportunity.
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 .
GOOD fundamentals and good revenue and best in sector and CUP pattern is working fine
Buy DELTACORP on dips between 200 and 210 T1: 218 T2: 237 T3: 248 SL: 195
Notes on the chart. Trade Safe Regards Bravetotrade
Couple of pitchforks are displayed in the chart. Both of them seem in sync with price, the magenta one being more appropriate. Am looking to buy this one for short term spike to recent highs. AS always do your homework, assess the risk and position-size accordingly.