DELHIVERY INTRADAY TARGETS DONE!Delhivery on the 15-minute timeframe delivered a stellar intraday performance, achieving all predefined targets with precision. This long trade was executed using the Risological Swing Trading Indicator , ensuring a well-timed entry and a disciplined approach.
Delhivery Key Levels:
TP1: 340.80 ✅
TP2: 346.20 ✅
TP3: 351.60 ✅
TP4: 354.90 ✅
Delhivery Technical Analysis:
The trade was initiated at an entry price of 337.45, with a stop-loss positioned at 334.75 to limit downside risk.
Delhivery exhibited strong bullish momentum, crossing the Risological trend line early in the session.
The stock maintained upward movement, achieving all take-profit levels in this intraday trade. This setup highlights the power of the Risological indicator in capturing quick and profitable opportunities in volatile markets.
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DELHIVERY
Delhivery can deliver post a good resultDelhivery Ltd. CMP is 416.10. engages in the provision of logistics solutions to eCommerce partners. It involves in building the operating system for commerce, through a combination of infrastructure, logistics operations, and cutting-edge engineering and technology capabilities. It offers express parcel, partial-truckload, freight, truckload freight, cross-border, and supply chain services.
The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Annual Net Profits improving for last 2 years and with increasing Profit Margin (QonQ). The Negative aspects of the company are negative Valuation (P.E. =-292), and Declining Net Cash Flow.
Entry can be taken after closing above 422. Targets in the stock will be 434 and 457. The long-term target in the stock will be 476 and 487. Stop loss in the stock should be maintained at Closing below 396 or 368 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:DELHIVERY Looks BullishDisclaimer: I am not registered advisor, take your action after your personal analysis and taking advise from your professional registered advisor. Its just and idea shared, we are not recommending any buy or sell call for this stock.
Delhivery Ltd. is near its long term support, if breaks & close below 340 will make it more weak.
However, this stock is currently near all time low and good RR ratio is making it attractive for long term.
An attempt for buying is forming if 15 minute candle close above 356 Rs., later if crosses & close above 380 can be trail for long term.