Delta Corp Analysis with Targets 2023 Delta Corp Chart Analysis and Confirm Taregts
Government imposes 28% GST on casinos and Delta Corp share Price tanks over 27% in one day
First Support Zone is
170-175
Second Support Zone is
140 - 145
If want to invest long term , then buy Near Support or Major Support
Target for Delta Corp if Sustain Above Support Zone are 213 and 226
DELTACORP trade ideas
Breakout in Delta Corp Ltd.Good time to invest in Delta Corp.
Buy @ 200
Stop Loss @ 185
Targets 205/215/235/260/300+++++
Reason to buy : Breakout of Falling Wedge pattern.
Bullish divergence in RSI to Price.
Good Support from the demand Zone of 170-175
Note: This idea is only for the Educational purpose.
Kindly trade at your own Risk
Thanks & Follow for more ideas like this. HAPPY TRADING
Delta corpBullish on Delta corp.
CMP :- 245
RSI:- Taking support on 60
Stock crossed 245 level on September 2021 touched 300 came back, again attempted but failed in Dec 2022 came down but didn't break its previous low which was around 160. Today again stock crossed 245 level with good volume.
Volume analysis:- Delivery volume today was more than 11 lakh as compared to a daily average of 3-4 lakh.
Stock is expected to give a good move again.
Strict Stop loss- 232
Entry for safe traders would be above 250 risky traders can start to accumulate from CMP.
Let's together embrace the journey of this stock!!
Disclaimer :- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor.
Keep Learning, Keep Growing !!
DELTACORP DTFThere is a strong resistance, Anything can happen no one can predict what can happen, Plan your trades accordingly
But if there is a solid green candle with a huge volume, you have to go long blindly
However, it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
DELTACORP - Ichimoku Bullish Breakout Stock Name - Delta Corp Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 238
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
# Ichimoku Followers
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DELTACORPNSE:DELTACORP
28/04/23
Delivery Buy DeltaCorp above 205
SL 198
Targets 225
Time : 3-4 weeks
Pattern Identified : Downward Sloping Channel
Breakout in Daily Charts with rising Volumes.
Disclaimer.
I am not sebi registered analyst.
Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Delta Daily Chart ReviewVolume is not supporting the up trends and It shows a decline phase. Support is expected @ the price of 190 till we see good volume. Looks like Both buyer and seller are agreeing on the Consolidation, hence we see the price has been moving sideways from Feb to May. We are aware that the Q4 result was good. If there is a breakout with good Volume justification, then we can witness up-trends or this sideways continue till there is other news or breakouts.
1D DELTACORP (DELTA CORP LTD) - Short Position1. Bearish Engulfing Candles formed at Support and Resistance Zone.
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan