Delta Corp Ltd. Analysis !! Broke Out.
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📈 Delta Corp Ltd 📉
Today broke out from a resistance zone 295-305 on closing basis after testing four times.
On Buy Side I am looking for Targets of 350-360 zone.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept in 270-275 zone.
It offers 1:1Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Today broke out from a resistance zone 295-305 on closing basis after testing four times.
On Buy Side I am looking for Targets of 350-360 zone.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept in 270-275 zone.
It offers 1:1Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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