Deltacorplong
DELTACORP - Ichimoku Bullish Breakout Stock Name - Delta Corp Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 238
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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DeltaCorp Weekly Analysis NSE:DELTACORP weekly analysis
Fib level 0.618 rejection of correction and formed LH LH with pullback from 0.5 and formed narrow range
Clear breakout above 230 with fib level 0.318 and narrow range is necessary to continue with long trend
Wait for clear breakout it will give momentum targets
Delta Corp Ltd. Analysis !! Broke Out.📈 Delta Corp Ltd 📉
Today broke out from a resistance zone 295-305 on closing basis after testing four times.
On Buy Side I am looking for Targets of 350-360 zone.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept in 270-275 zone.
It offers 1:1Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
DELTACORP CAN BE F&O STOCK OF THE YEAR!1. #DELTACORP needs to close above 325 this month to confirm channel break out.
2. 336 is the immediate hurdle, closing above which will open the doors for 348/375/390 for short term and for 500+ mid term.
3. Volumes are supporting this move.
4. Closing below 300 will take the case to next month.
5. Consult your financial adviser before investing. If you found it worthy, do Like, Comment and Share! :-)
DELTA CORP: Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern.
Buy with SL of 278 & look for the target of 340-45 zone
Delta Corp : Breaking out for another moveDelta Corp is on upswing and here's a simple price action analysis.
Breakout of 308 assumes importance. After which we can see an Initial target of 312, and if the momentum continues, it might touch 332.
Support zone is around 294 - 290.
Based on incremental targets being achieved, we can revise the target.
I am bullish on Delta Corp and hold position, hence my views can be biased.
DELTACORPNSE: Delta Corp 277
Looks good for a small swing trade
A good example of change in market structure
was in a downtrend making lower low went into consolidation and then broke the range of consolidation
Perfect entry would be to buy in the range of 266-272
With a target of 300
Sl 260
View for education purpose only
May be in the next few days we will see a breakout in DELTACORPAs shown in chart, we will see bullish or bearish breakout in this stock as it makes a flag pattern (may be i am wrong in pattern name if you know the pattern name then please tell me). next week or this week we will see pattern breakout so i suggest you to wait untill breakout.
my personal opinion is that it will go bearish in next few days as i can see it will break the pattern in bearish side. so i suggest you to wait until breakout and then confirm the trend and then go for trade in it.
this is my personal opinion and this is not a trading call.
if i am wrong then please let me know because i am beginner trader and i am learning all this analysis...
so before investing in it please do analysis carefully...
Thanks in Advance...
📊 Delta Corp LTD Huge Breakout NSE:DELTACORP
Delta corp stock /share just given good breakout with huge volume on bigger time frame.
Everything explained on chart.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Long Delta CorpDelta Corp
CMP - 185
Stop - 140 on DCB
Expectation -
T1 - 220
T2 - 400, Review at 220
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing