DELTACORP trade ideas
Returned from resistance todayLong term support is at 221. Intermediate term resistance is at 243 which the scrip is trying to cross. Once it is crossed and the stock remains bullish, a level of 285 can be seen in intermediate term.
INTRADAY TRADING FOR 18/09/2018- "DELTA CORP"The trade position is mentioned only for 18/09/2018 if the stock is able to break the following levels, then only the "SHORT" will be generated
ENTRY - 257/-
STOP LOSS - 267.50/- (which I suggest to trail when the position comes in profit)
TARGETS
FIRST: 254.75/-
SECOND: 252.15/-
FINAL: 249.5/-
"EARN BIG PROFITS; TAKE SMALL LOSSES"
DELTACORPDeltaCorp taking good support. let's see if it bounces back from here. Got stopped out at 243 from 280 levels. Wrong entry point. Should have closed above 275 levels to give confirm breakout.
Delta Corp Follow up Projection PlanWe're in decent profit but with NIFTY at ATH and highest historical PE. I am not comfortable without having TSL in the system.
DELTA CORP BULLISH SHORT TERM .Ride on wave C
Bearish Motive Wave 12345 completed, in ab..C correction now....so ride on C wave which is north heading
Simple structuresTake end of wave 1 and 3 and draw a parallel line from the end of wave 2 to find the end of wave 4 . If wave 3 is normal . Ponder over it .
Regards
#DELTAW and M CCI 34 >100
TGC is true
1) Wait for CCI34 reach below 100
2) Wait and watch the fibo levels for next target and resistence
3) Watch for gaps to be broken with strength
SL 322, Target 434 / 464
Possible Binet's pattern in the making
#DELTACORPCCI(W/M) > 100
TGC is true
Strength candle awaited to break fibo levels
Near fibo 50% value
