PriceVolumeRider

DELTACORP looks good on weekly chart

Lång
NSE:DELTACORP   DELTA CORP LTD
DELTACORP

If you see the breakout to the level 224, after breakout prices did managed to sustain above that level while volume keeps declining which indicates bit of weakness in stock for prices to move further up.

But in last week we have seen strong bullish candle breaking out the resistance level of 282 though candle doesn’t managed to close above that to take it as a confirmed breakout, we can still consider this as a good solid sign to consider this stock for Swing or short term trade. One can prefer to take further confirmation on 2h chart.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.