Hello & welcome to this analysis
Stock has entered into the potential reversal zone of a Bullish Harmonic Gartley.
As long as it does not break below 98 it has the medium term potential to retest 160-250 and then maybe more.
Since this is a monthly time frame pattern, its more of an investment idea than a short term trading one.
Happy Investing
There is a one more stock Which is showing a great opportunity Channel Pattern formation in delta corp what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
DELTACORP can gain momentum from this institutional buying zone.
If you make a buying position, do follow risk management & maintain appropriate position sizing.
Disclaimer: This is an educational post & not a recommendation.
DeltaCorp is making ascending Triangle pattern. One can keep watch on break of resistance level of 158. If it break it then can take position it for 170/190 target in short term.
delta has been in a range as per the figure and has sucessfully broke the range opening targets for an upside
please do your own analysis,it is not an investment recommendation
safe traders can exit if closes below 140 on daily tf
my targets on this
1.170-175
2.200
3. trail as per appetite
Stock has fallen very sharply and now giving a retracement..
Now it should test the resistance level i.e. 164 then confirm the Break Down or Break Out
But it should test 164 before..
Entry now
Target 164
DELTA CORP 40% upside in 4 Months Possibility.
Monthly Base formation is completed & very limited downside.
Can be a multi bagger stock for INVESTORS. Try accumulating on dips.
Happy Investing.
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: DELTACORP
🔍 Description: Stock is consolidating from few weeks around 130-140
Stock is now going up in a Rising channel and we can see stock is bottming out here
Stock can see huge momentum from here on
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: DELTACORP
🔍 Description: Stock is going up in Rising Channel.
Stock Can take a support around the support or around the Law of Polarity.
We can see huge upside once support is intact.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
POSITIONAL BUY DELTACORP
As per Fox trading funda method .
On Daily Chart Support @ 138/133/127
Resistance @ Daily Chart 148
Weekly Chart @ 160/170/185
Buy Zone
up 149.9
Down 141 to 137
SL Below 133
Target @ 170 To 209...open.
Delta Corp is trading at support.
Long delta Corporation at CMP and Ride the trend till 160.
Long Jan futures with 160 CE of DEC-2023 Series.
Stoploss - 135.50.
