NSE: 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
View for education purpose only
As 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...
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....