Technical Trading Idea : Delhivery Ltd Target Rs.420 By Motilal Oswal Wealth Management

Delhivery Ltd
Buy Delhivery Ltd CMP 396 SL 385 TARGET 420 DURATION Weekly
• Bullish “Pole & Flag” pattern.
• Strong bodied bullish candle.
• Overall uptrend with slight dips being bought into.
• Respecting 20 DEMA support zones.
• RSI momentum indicator showing strength.
• We recommend to buy the stock at CMP Rs.396 with a SL of Rs.385 and a TGT of Rs.420.
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