DELTA CORP LTD

Delta Daily Chart Review

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Volume is not supporting the up trends and It shows a decline phase. Support is expected @ the price of 190 till we see good volume. Looks like Both buyer and seller are agreeing on the Consolidation, hence we see the price has been moving sideways from Feb to May. We are aware that the Q4 result was good. If there is a breakout with good Volume justification, then we can witness up-trends or this sideways continue till there is other news or breakouts.

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