Deltacorpshort
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...
DELTACORP Intraday Strategy Buy at 261 or 261+
Target :- 264, 265
SL :- 260 or 259.50
this is not a trading call
this is only for education purpose
if i am wrong then please let me know i will improve myself..
Thanks in Advance....
DeltaCorp Trade!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.
