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Buy Delta Corp: Vishal Kshatriya

Buy Delta Corp, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

September 30, 2011 / 08:41 IST
     
     
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    Buy Delta Corp, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.


    Kshatriya told CNBC-TV18, "I have a buy call on Delta Corp. Stock has strong support at Rs 95. Yesterday it has formed a bullish hammer pattern on its daily charts. This indicates stock is likely to trade with a positive bias. Momentum oscillators on hourly charts have given a buy signal. Traders can long at CMP for target of Rs 104 and stoploss of Rs 95.
    first published: Sep 30, 2011 08:39 am

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