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Trading pick of the week: Buy Delta Corp - The Hindu BusinessLine


March 06, 2021
The stock of Delta Corp has been in an intermediate-term uptrend, forming higher peaks and higher troughs since it registered a 52-week low at ₹54 in March 2020. While trending up, the stock had emphatically breached a key resistance at ₹100 in August 2020 and, thereafter, another vital resistance at ₹125 in November 2020. But in last December the stock met with a key resistance in the band between ₹160 and ₹163 and began to move sideways in a range between ₹140 and ₹163 until recently.
Last week, the stock gained bullish momentum and surged 17 per cent backed with good volume, conclusively breaking above the key barrier in the ₹160-₹163 band. Both the medium- and short-term trend is up for the stock. ....

Delta Corp , Technical Analysis , Relative Strength Indices , Medium Term Outlook , டெல்டா கார்ப் , தொழில்நுட்ப பகுப்பாய்வு , உறவினர் வலிமை குறியீடுகள் , நடுத்தர கால ஔட்‌லுக் ,