DELHIVERY trade ideas
Intraday SellThe volume profile is a tool that allows traders to see the volume on a horizontal level at each price. You can visualize at some price levels there is a lot of volume and at some very little to none.The importance of this tool lies in the fact that volume attracts price. Meaning large areas of volume become favorable price magnets.
Formation of the Volume Profile
Unlike standard volume indicators that only show volumes at time, the Volume Profile can provide much more important information, which is volume at a specific price levels.
The advantage of being able to see Volume at each price is very valuable. It tells us which price levels were most important to the "big" market participants who dominate and initiate
The Components of a Volume Profile
High Volume Node (HVN):
An HVN represents a price range with a heavy amount of trading activity compared to the average volume. This level is considered an area of significant price congestion and is often used as a critical support level when the price is below it or as a resistance level when the price is above it.
Low Volume Node (LVN):
An LVN indicates a narrow price range with low trading activity and volume. It serves as a key support level when the price is above it or a resistance level when the price is below, denoting minimal price congestion.
Point Of Control (POC):
The point of control is the price level at which the highest volume was traded within the selected time period. It is the peak of the volume profile histogram and is often considered a point of interest for traders. The POC can act as a magnet for price action and is generally a level traders use to book profits.
Delhivery Ltd.*Delhivery Ltd.*
*W* in the making on Monthly Basis.
Retracement starting from Bottoming out.
Volume traction building up.
Respective targets mentioned.
Logistics business turning around.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
This is an Opinion. Do your own research.
*_Happy Investing_*🤓
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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Namaste!
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.
#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.
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
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