My observation is that the new age startup stocks have rallied in the past few days, eg. Nykaa, Paytm, Zomato.
Now, it might be time of Delhivery stock to breakout and rally.
The stock has formed a clear inverted head and shoulder pattern with 380 as its neckline.
403 is a minor resistance after which the stock can rally uptil 450-460.
If the stock retraces towards 365, it can be a good buy in dip since the SL is deep below 345.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Now, it might be time of Delhivery stock to breakout and rally.
The stock has formed a clear inverted head and shoulder pattern with 380 as its neckline.
403 is a minor resistance after which the stock can rally uptil 450-460.
If the stock retraces towards 365, it can be a good buy in dip since the SL is deep below 345.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Сделка активна
Stock retraced to exactly 364.5 and now going for breakout!Watch this stock fly.
Заметка
450 done!
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.