Wednesday 17 August 2016

Delta Corp – Long Rounding Pattern

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Delta Corp on a weekly chart stock price at Rs. 137.85 has given a breakout of the long ‘Rounding Pattern’, indicate rally will continue for multi month, which will take it towards Rs. 230 level.

The psychological sentiment towards the stock remains positive. If one were to go by the volume data, a higher upswing is seen on the stock price.

Trader or investor can accumulate for the target of Rs. 174/230 level, with Rs. 127 stop loss on closing basis.


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