Virgin Price Action DelhiveryDelhivery in at the virgin price action. The company has a huge potential and can go 4-5 times once it starts moving. I feel that it can follow the BlueDart journey or better.
DELHIVERY trade ideas
A 45% Gain Opportunity in DelhiveryDelhivery may soon deliver a good 45% gain
Estimated time : - Within next 6 months
Reason :- Its a turn around story just like zomato with company on way to be profitable from net loss making company. Check the fundamentals and know yourself
Delhivery Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software. The company also offers value-added services such as e-commerce return services, payment collection and processing, installation & assembly services, and fraud detection.
DELHIVERY LTDDELHIVERY LTD
daily Tf..
symmetrical triangle breakout
aim for 5-10% roi for short term
#LONG on DELHIVERY for Long term: Breakout from triangle patternDelhivery will be a beneficiary of PM Gati Shakti National Master Plan (Capacity Building in Logistics Sector).
Fundamentals:
delivered highest ever Operating Profit of 109 Cr in Q3 FY24.
The company turned profitable with a positive profit of Rs.12 Cr against loss of 73 Cr in same qtr last year.
~50% incremental gross profit in transport business
Revenue grew 13% QoQ and 20% YoY to 2194 cr.
--Express Parcel Shipments grew 18% YoY
--Park Truckload freight tonnage grew 37% YoY
--51% growth in Truckload Service revenue.
During the quarter under review, the company operationalised its largest trucking terminal near Bhiwandi in Maharashtra(196 docking stations with capacity of 1600 vehicles daily)
DELHIVERY - Weekly AnalysisIn the Weekly Chart of DELHIVERY ,
we can see that, after breakout, it has done a very strong consolidation.
Also, now it has created a Hammer candle.
Enter on breaking its high with low as SL.
Going to blastThe stock has been forming very nice triangle.
It can be a good candidate for long on crossing the trendline.
DELHIVERY - Bullish Consolidation with VolumesNSE: DELHIVERY is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 12% to 20% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
DELHIVERY LTD. Trade IdeaI wanted to emphasize that the financial views I express are strictly personal and should not be construed as financial advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking professional guidance tailored to your individual financial circumstances and goals.
Delivery ltd analysis on 28 Feb 24Delivery ltd analysis on 28 Feb 24
Cup and handle pattern formation
Stoploss 400 (on closing basis)
Target 460 - 490 - 530 - 560 -
Cup and handle pattern Target
600 - 640
LONG TERM VIEW FOR "DELHIVERY"The current monthly chart is showing a perfect price-action for value-investing. The main advantage why we should consider reversal trading as our best-shot strategy is a good risk-to-reward ratio. The XABCD patterns for the current impulse wave helps us to find out the potential long term targets for the scrip.
Delhivery - Looks great but resistance aheadDelhivery :
Looking great for a strong further breakout, resistance ahead
Stay long only above 455 with SL 440
DELHIVERYDELHIVERY-EQ
-Strong Breakout Candidate
-Cup & Handle Pattern Breakout
-Strong Volume Buildup
Entry 🟢: Above 479
Target 🎯: 550, 610 ++
Stop loss 🔴: 405 WCB
Remark: Short Term
⚠️ Disclaimer : Chart & Levels are for educational purposes. Trade according to your Risk or consult with your Finance Advisor.
Delhivery - 9 month range breakoutdaily chart - the stock was consolidating from past 9 month and given the resistance breakout.
Price above all key moving average.
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Delhivery LTD, Bullish Kindly do your own studyThis stock is ready for big moov. Stock has given Inverted HS breakout with huge volume.
Monthly price is making HL with bullish candle
Weekly price is above 50 EMA
Weekly MACD turn positive near zero line
Daily MACD PCO state and above zero line
Daily RSI is above 60
Daily ADX is strong
morning star spotted in downtrend.A fantastic morning star pattern in downtrend could push the price upwards with momentum.
But risk is always present in trading.so,trend line being the target for short time.
Delhivery Ltd., ; min 15% ROI ; good opportunityFundamentally good stock,
For long term investment.
Reset chart for clear view.🔃
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Entry: 422
target: 473 - 490
sl: 405 - 400
major stoploss/ support: 389
.
Enter only after breaking " Yellow box" mentioned.
Or else wait for some time.
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;good for long term investment.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below
DELHIVERY | High High, Higher LowForming a pattern of Higher High and Higher Low.
Other Technical indicators are giving positive bias as well
Not much other analysis.
Entry : today's close = 422.5
Target, SL marked on chart
Delhivery can deliver profits to your portfolio!My observation is that the new age startup stocks have rallied in the past few days, eg. Nykaa, Paytm, Zomato.
Now, it might be time of Delhivery stock to breakout and rally.
The stock has formed a clear inverted head and shoulder pattern with 380 as its neckline.
403 is a minor resistance after which the stock can rally uptil 450-460.
If the stock retraces towards 365, it can be a good buy in dip since the SL is deep below 345.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Momentum GameTake Weekly Swing Trade and Grow your Protfolio.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%
SL can be Maintained below Breakout Candle
Rule 1 : Never Do Averaging if the Stock moves down ; One can Add more Qty if Stock moves Up
Rule 2 : On result day trail your SL at 15Min Time Frame.
