DELHIVERY trade ideas
Delhivery back to old highsNSE:DELHIVERY has a good business, almost all packages from small to medium online stores to large brands use delhivery to deliver thier packages.
Their recent results have been good and profits are increasing on a stable basis compared to the sudden downside in June 2022, with their business working well and results showing the same, Delhivery could be the next zomato type stock to become a multibagger, for now, we will target its previous high made as our initial targets
CMP: 431
Target: OLD high liquidity 679
Upside: 57.5%
Trade type: Long term
Risk: General business risk of online store demand for delivery decreasing which i dont see as viable, if results are bad and stock is affected, i will update when to exit such a stock
Risk averse investors can also keep a stop loss 350 but I dont use stop losses for Fundamental and technical long term trades.
DELHIVERY may break Trendline After 2 Years...NSE:DELHIVERY trade @ 430. its supoort is @ 370 and Resistence is @ 470
Stock consolidate since last 2 years. If its trendline break and give weekly closing above @ 440, then you can watch it next Resistence @ 600-700
Short term trade daily TFCup and handle formation and breakout and retest....Possible upside 481....sl below 418.25 closing basis....only for educational purpose and not any recommendation
MOVING AAVERAGE CROSSOVERStock name - Delhivery
Entry price- 416
Stop loss price- 394
Sl rupees-22
IF YOUR TOTAL CAPITAL 50K
TOTAL RISK 250RS
Position size(no of share)11
Target
1:02 460
1:03 482
#Risky set-up This idea /setup is pretty risky. Set-up is based on trendline supp like one can stock bounce back from trendline two times but at third it broke it but it recovered well . Fundamentals of stock is weak. Actually setup is for daily time frame but I choice (w) time frame so u can know reason behind this setup. One can draw all that drawing in there chart at daily time frame and analysis this on both frame at there own ( in simple setup is purely based on technical analysis) This for only education purpose only I will not be liable for any of your lose.
Delhivery set to give breakout and backed by good volumeIn daily the nearest resistance was around 414.5 to 421 TF price is trading in between a range of 355.20 to 420, and 2nd August the price was trying to break the resistance of 421 with huge volume of 14.404M even though Nifty 50 in -1.17% negative and Sensex in -1.08%. And the last 30 Days average volume of DELIVERY LTD is just 2.73M.
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.
delivery
Swing Trade Analysis: Long Entry in Delhivery @ 400.15
Entry Point: 400.15
Trade Rationale: After thorough research, I identified a promising opportunity to enter a long position in Delhivery.
Delhivery Ltd BUY EntryTrend Reversal for DELHIVERY Ltd! Stop Loss 385, Target 500. Current Price 400! It's a weekly chart..
DELHIVERY ( DOUBLE BOTTOM PATTERN IN DAILY TIME FRAME )DELHIVERY had a double bottom pattern in daily time frame. As per my analysis a sharp rally can be noticed in coming days.
380 VERY GOOD SUPPORT AREA.
20% UP MOVE IS POSSIBLE IN SHORT TERM
Delhivery about to give profitsABOUT
Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL
Market Cap
₹ 33,426 Cr.
Current Price
₹ 454
High / Low
₹ 488 / 341
Book Value
₹ 124
Dividend Yield
0.00 %
ROCE
-11.4 %
ROE
-13.5 %
Face Value
₹ 1.00
Range break out with gud volume.Looking gud on this price range. very gud risk reward ratio. in swing trade. break out with gud volume. gud target after price range of 402.
DELHEVYs currently exhibiting a classic "VCP" pattern, which stands for "Volatility Contraction Pattern." This pattern typically indicates a period of consolidation and lower volatility after a significant price advance, followed by a breakout to new highs. It suggests that the stock is absorbing selling pressure and building a base before potentially making another upward move. Keeping an eye
DELHIVERY(W) DELHIVERY observing a falling trendline and forming a symmetrical triangle pattern on the weekly timeframe.
DELHIVERY Ready for Break Out!Break Out is supported by strong Volume..
In case of a failed Break-Out, 400 to 405 likely to act as strong support!
$delhivery -1logistics is a highly fragmented sector in India
so my train of thought is that this should do well and keep growing orgaincally
TA wise flip blue make a HH pull back then full send
Delhivery change as uptrend??Yes, absolutly delhivery change as uptrend as per my calculations. As per my analysis it change from down trnd to uptrend . So right time for long term as per my view my entry 359 and sl 330
DelhiveryNSE:DELHIVERY
Forming Base
Made Morning Star Doji
Buy if close above 365 on daily basis
Check volume also
Technically it in Sell
Rsi oversold
Good Stock of Logistics
Delhivery Wkly - Reversal Zone1. Entry method could be based on confirmation through any method - I would wait for 1 Daily close inside the Blue Box (Daily Demand Zone & then Buy when Green candle close abv the Blue Box.
2. Wait for RSI Swing Failure or PD formation & Confirmation or more simple is to wait for RSI Counter Trendline Break on Daily Chart after PD formation on Daily or Hourly chart
Delhivery at reversal zone1. Entry method could be based on confirmation through any method - I would wait for 1 Daily close inside the Blue Box (Daily Demand Zone & then Buy when Green candle close abv the Blue Box.
2. Wait for RSI Swing Failure or PD formation & Confirmation or more simple is to wait for RSI Counter Trendline Break on Daily Chart after PD formation on Daily or Hourly chart
