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Thursday, November 13, 2014

DELTA CORP DATA TILL 13-11-2014

DELTA CORP CMP 101.45
SHORT TERM TO MEDIUM TERM

In this charting landscape many of the indicators confirmed with each other to give a buy signal.
higher bottoms and higher tops, selling climax , penetration of down trend line and horizontal line along with other indicators like obv and demand index confirmed buy signals.

CONCLUSION: I PREFER TO BUY THIS STOCK AT THIS LEVEL AFTER HAVING AN INITIAL STOP LOSS AT RS. 83 AND BOOK PROFIT OR EXIT  165.
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