Fundamental & Technical Analysis of Delta Corp Limited

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 Delta Corp Limited

About Company:

Delta Corp is currently operates in the Gaming, Hospitality and online skill gaming segment
 Delta Corp Ltd is the largest gaming company in India and they are the only listed company in the casino gaming with 2000+ live gaming positions. They have managed to capture 55% of market share in the organized casino market and it has three major areas of business.
 

Technical analysis of Delta Corp Ltd.

Technical Analysis of Delta Corp LimitedTechnical Chart of Delta Corp Ltd


As you can see in the above image we have a detailed technical chart of delta corp on a daily time frame. As you can see the stock is taking support again and again on the trendline and some accumalation is building in it. Its a clear sign of a bulish rally. Today on the 28th november stock has gain almost 5.14% itself. If stock able to break the given resistence and sustain above the resistence then it will be a massive rally towards given target as you can see in the image.
 
236 is a major resistence level that have to be break if stock wants to go up. And its look alike that it will be break soon. 

What are the targets of Delta corp Ltd?

Target 1: 265
Target 2: 310
Target 3: 340

These are the major targets that can be achiveable soon if stock sustain above the 236 level. You can keep stop loss as pe your convinient when you enter in trade.


DISCLAIMER: All the above information is for educational purpose. Growmoreclube didnt recomnded any kind of investment. Please concern you adviser before making any investment.

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