DELTACORP trade ideas
Bullish on DELTACORPNSE:DELTACORP
The chart has a breakout from the Trade Channel and its likely to achieve the targets .
The 1 hour chart shows the bullish RSI divergence.
The chart also has a bullish rectangle pattern.
the CMP is above than the MA-50 and has a bullish MA cross.
Target 1- 136
Target 2- 153
Stop Loss- 119
I can be 100% wrong.
DELTA CORP - Looks goodCMP 108
With a breakout from 2 bullish patterns there is an opportunity for 28% in the near future.
The RSI has entered the overbought zone and as we can see 5 green candles from 85 to 114, a small pull back is expected or may be not.
Accumulate on any dip with a stop loss of 102