Delta Corp - Bullish on Chart

Updated
πŸ“Š Script: DELTACORP (DELTA CORP LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY500
πŸ“Š Sector: Consumer Services
πŸ“Š Industry: Leisure Services / Amusement Parks/ Other Recreation

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Also Crossover in Double Moving Averages.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Script is moving towards resistance level which is around 240 if script is breaking its resistance level it may go up.
πŸ“ˆ Current RSI is around 73.
πŸ“ˆ Looking bullish as per the technical indicators also huge volume in the stock in the last trading session.
πŸ“ˆ Looking good to add for short term.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 225
🟒 Target πŸŽ―πŸ† - 240/250
⚠️ Stoploss ☠️🚫 - 208

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
Trade closed: stop reached
STOPLOSS HIT ON 26TH SEP
Chart PatternsDELTACORPdoublemovingaverageTechnical Indicatorsmacdcrossovernifty500Trend Analysis

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