Delta Corp. Ltd. (India)

DELTACORP, How to trade it with low risk?

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Dear Traders,

Today Delta-corp has given good breakout from channel pattern with good volumes. So, it is a buy call for tomorrow. But, it is almost 10% above the breakout line. So, first we put 50% of our money tomorrow. As risk management is most important so we then trade with Big SL of 10%. If it continuous to move further upside then we gradually trail our Stop loss and increase our quantity. It broke out from 7 month CONSOLIDATION time. So, we can expect big move in 1 moth or so.

Also put, GSFC in your watch-list as it traded with good volume in last week. Once it breaks 52 week high we can expect good move there too.

Have a good day Traders.

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