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Delta Corp - Breakout Retest

NSE:DELTACORP   DELTA CORP LTD
After the 2nd wave where things had all shut down, now everything is slowly starting to open and goa again is among the most popular tourist destinations.
The stock kept making higher highs and eventually broke out. Now its come back to retest which leads to a relatively low risk entry.

If it stock finds support anywhere between 200-202 then wait for the reversal and then go long.
SL 194.
The hospitality and tourism sectors are the last ones left which have not moved significantly yet since covid started in India in March 2020.

Penafian

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