DELTACORP trade ideas
Delta Corp: Making the move up...Follow up to my earlier post on DELTA CORP on August 25, ()
The stock has given a breakout at 190.
If the upward momentum continues, I think it should touch 234.
Fundamentally, the company is debt free and has a strong balance sheet. Trade wisely and responsibly.
Symmetrical Triangle Pattern.. Educational Purpose only.Symmetrical Triangle Pattern.. Tested Support line multiple times.
RSI above 50 from a long time..
Watch for Breakout. Keep on Watchlist..
DELTACORP intraday trade idea#DELTACORP entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter, #INTRADAY
Delta Corp: Ready to make a moveA symmetrical bullish triangle formation helped with an increase in volume augurs positive movement.
RSI has crossed 50.
A movement beyond 180 and with an initial target of 189 will create significant momentum and movement in this stock.
The stock has breached the 55 day EMA but reversed before it could touch the 200 day EMA.
I feel there is strong support between 166 and 160.
Delta CorpBuy-175-170
SL-165 Below Daily Closing Basis
Target-200-220-234
Time Frame - Till Diwali..
GOA IS ON...
DELTACORP intraday trade idea for 25th Aug#DELTACORP entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter. Retest of blue trendline seems successful, should fly from here #INTRADAY
DELTACORP intraday trade idea for 9th Aug#DELTACORP entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAY
DELTACORP Consolidationit has been consolidating for last weeks(2months) above 20W MA between 170 - 200 and trading near 20W MA. breakout at 200 level will open up 280 levels.
RSI is at 60 on weekly chart indicating bullishness.
it attempted twice to give breakout at 200 levels.
on first attempt it retraced 33% from peak, and on second attempt retraced 13% off peak.
DELTA CORP i delta corp in 4H chart it is in uptrend nd its breakout freshly so sell for position traders. nd for swing traders also go for sell @mayank1993.i suggest u to go for position trade
delta corp the stock is out of itss downtrend andhas formed a trianle pattern which is abt to break ..
DELTA CORP FORMED A DOUBLE TOP PATTERN BEARISHDelta Corp had formed a Cup and Handle Pattern and has reversed from a strong Resistance Zone near 197-203 forming a Double Top Pattern. Also there is a RSI Bearish Divergence.
NOCIL; ready for BO (C&H formation)NOCIL seems to be poised for BO, clear Cup & Handle formation with good volumes, MACD is showing strength, also RSI above 60. Immediate Levels are mentioned.
Delta Corp Cup and Handle PatternPositional Trade: Delta Corp has broken out of a cup and handle pattern.
Buy: Delta Corp
Last Closing Price: 195
Target 1: 217
Target 2: 230
Stop Loss: 187
Holding Period: 1 Month
#DELTACORP cup and handle pattern,NSE: DELTACORP
After forming a cup and handle pattern, Delta corp already looks very bullish. Wait for breakout and then enter.
Educational purpose only - Trade at your own risk.
Good Luck.
DELTA CORP BO TRADESELF EXPLANATORY
NOT A RECOMMENDATION TO BUY. PLEASE DO YOUR OWN ANALYSIS.
COMMENTS ARE WELCOME.
