Technical Outlook & Trading Strategy:-
The share price of Delta Corp has already been moving up for the last few days and is very likely that the stock price will test its immediate resistance of Rs 113 - Rs 115 in the next few days.
The momentum indicators remain in the rising trajectory and indicate strength in the current up-move. The stock is also sustaining above its short term moving averages.
Hence we recommend buy at current price and again at Rs 106- Rs 105 with a stoploss placed below Rs 103.40
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