01-01-1970 12:00 AM | Source: LKP Securities Ltd
LKP Spade, Weekly Pick - Buy Delta Corp Ltd For Target Rs.352 - LKP Securities
* The stock has given a breakout from a bullish rectangle pattern with volumes which indicates the momentum is likely to continue on the upside.
* The momentum oscillator RSI has also confirmed strength in the stock by giving a breakout from falling trend line.
* The price is trading well above its 20 day moving average which is placed at the level of 305.
Delta Corp Ltd BUY @ Rs. 322-326 Stop Loss Below Rs. 310 CB Target Rs.352 Duration 1 Week
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