short on Delta Corpcmp-189, Target -144 Positional Trade , Time frame - March 2023.Expecting the Delta corp to trade around 144. Looking at the monthly time frame charts , I am expecting a downside of 44 to 50 Points.
DELTACORP trade ideas
deltacorp- long price reversing from the pivot support line
price has to cross 200 day EMA for upmove
looks bullish
stop loss 180
DELTACORP 1DDate - 13/03/2023
Trend - Bearish
Pattern - S&R
Retest - No
Candle - Strong Bearish Candle
200 EMA - 212.38 slight up
TF - D
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
DELTA CORPORATION ANALYSISDELTA CORPORATION analysis .
Levels as per technical analysis.
Everything is clearly mentioned in chart.
Sell on rise in DeltaCorpbelow the last Fib support on DTF.
looking very weak below 192.
Targets of 180/176/170.
Long for short term | FLAG PatternDelta corp on flag pattern in 2hr chart
wait and buy
added on watch list for breakout
DELTACORP - BULLISH - WOLF-E WAVE
NSE:DELTACORP1!
Buy DeltaCorp above 190
SL 178
Targets 238
Time 2-3 Months
Pattern Identified : Bullish Wolf-E Wave
Disclaimer⚠️
•We are Not SEBI Registered
•Admins are not responsible for any profits or losses as this is Not a buy call and Just For EDUCATIONAL PURPOSES ONLY🗒️
DELTACORP Out of Bears control ??!!!Chart pattern insist me the above titled opinion
REASONS
1. DELTACORP is trading inside a expanding triangular pattern .
2. It is seen respecting the pattern till now.
3. Currently , it is in the upswing move(in white channel pattern ) inside the expanding triangle pattern.
4. DECEMBER 23 & 26 candles make the Bullish harami pattern at the perfect support level .(with volume spike)
5. 238 is the resistance level( Breakout of the yellow trendline) to cross for the expected up move !!
6. Target & SL mentioned in the chart.
There may be swing inside the white and yellow line before breakout. Let's see!!
Day closing below 185 - Strict SL .
In the chart , I tried to show the broader (Monthly timeframe) view ( in the form of a snapshot ) .....Hope it helps....if confusing, feel free to ask!!
Let's wait and watch how it moves!!!
Note - Just sharing my view......not a tip nor advice!!!
Delta Corp BuyDelta Corp Limited, previously known as Arrow Webtex Ltd., is an Indian gaming and hospitality corporation that owns and operates casinos and hotels under several brands. It is engaged in casino gaming, with the majority of its offshore casinos in Panaji, Goa.
Stock to watch for next quarter.Delta corp is in continuous uptrend since July 2022. We can accumulate this stock in the range shown by rectangular box.
Risk seems less as we can see a strong support from trendline stock is following since it has given a strong reversal.
Stop loss can be put 2% below trendline.
Potential targets- 270,300.
DeltaCorp: Bearish Flag & Pole pattenA bearish flag&pole pattern is seen in DeltaCorp.
Trade: Buy above 229, SL: 227, T: 231/233
Sell below 226, SL: 228, T: 224/222
DELTA CORP> DELTA CORP
> Good above 236
> Wait for breakout
// this post is for educational purpose only //
LIKELY BREAKOUT AHEADquarterly cpr is narrow
the price has taken resistance near quarterly H4 & R1 for quite some time now and has formed an ascending triangle as well
the cpr, cam and money zone for next month are extremely narrow which indicate a potential range expansion in the coming month.
sustaining above 240, could push the price to 280+ levels
one can use weekly cpr levels to trail the move.
Long: Delta Corp at CMP 232 - TGT - 250-301-335 SL - 219 RR - 8NSE:DELTACORP
Open Interest Analysis
1. OI increased by 17+% and price increased by 5+% ---Long Buildup
Price Action:
1. Horizontal line breakout at Daily Time_Frame
2. Breakout with Strong Bullish Candle
Delta Corp BuyA breakout from a consolidation pattern signals a victory by buyers over the other. Standard breakout trading techniques include buying long and covering short when prices break through the resistance level.
DeltaCorp Weekly Analysis NSE:DELTACORP weekly analysis
Fib level 0.618 rejection of correction and formed LH LH with pullback from 0.5 and formed narrow range
Clear breakout above 230 with fib level 0.318 and narrow range is necessary to continue with long trend
Wait for clear breakout it will give momentum targets
Delta Corp... analysis at current levelThe stock price is trading above the 50 day Moving Average at the current market price of 222.20.
It is still under the consolidation zone. Price movement above 236 will signal the breaking of that zone.
However, 246 will act as a strong resistance level. Momentum will come once this level is crossed.
See strong support at 210 if the stock fails to gather momentum and slides downwards.
Note: Not a buy/sell recommendation. Consult your investment advisor and plan your trade/investment accordingly. Strict stop loss at 5-8%.
Delta Corp - VCP Pattern forming?Leading company in casino business.
Good Q2, with visibility of cash flows ahead.
Risks from an impending court matter over Daman casino.
Good capex plans for future to start another Vessel by Q3 of next FY.
Volumes are tightly squeezed in the right part of the pivot forming area, and an inside candle, or a breakout candle can be a good entry point, as even a small volume thrust can cause prices to move upward after long dry volume spell.
