Delta Corp - Kicked Out BuyersStock Kicked Out Buyers.
Buy At Cmp 186.1
SL - 173 ( Weekly Closing Basis )
Target - Open
Deltacorpview
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.
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.
