Delta Corp share price Today Live Updates : Delta Corp Stock Drops on Market Shift

As per the Technical Analysis, short term trend of Delta Corp share is Bearish and long term trend is Bearish

The current market price of Delta Corp has broken the first support of ₹120.4 (derived from classic pivot table) on a daily time frame indicating a bearish move but traders need to monitor for possible reversals from ₹118.7. If the stock price breaks the second support of ₹118.7 then there can be further negative price movement.

The volume of Delta Corp traded by 11 AM is 14.15% lower than yesterday, with the price at ₹120.55, a decrease of 1.07%. Analyzing both volume and price is crucial in understanding market trends. A rise in price accompanied by increased volume indicates a stable upward trend, while a drop in price with higher volume could signal further price declines.

Delta Corp’s stock reached a peak of 121.9 and a low of 120.4 in the previous trading hour. The stock price fell below key hourly resistances of 121.63 and 121.17 in the last hour, suggesting notable selling pressure. Traders holding long positions may consider exiting, while new investors could assess for potential reversal opportunities if the stock is oversold on an hourly basis.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Delta Corp share price is at ₹120.6 and is still trading between the key support and resistance levels of ₹120.4 and ₹123.8 on a daily timeframe. If it crosses the support of ₹120.4 then we can expect a further bearish movement. On the other hand if the price crosses 123.8 then it will lead to a bullish movement.

The share price of Delta Corp is currently down by 0.49% at ₹121.25, while its peers like Emerald Leisures are trading higher today. The benchmark indices Nifty and Sensex are also down by 0.48% and 0.65% respectively.

The volume of Delta Corp traded by 10 AM is 4.39% lower than yesterday, with the price at ₹121.4, a decrease of 0.37%. Volume traded is a crucial indicator, along with price, for analyzing trends. A positive price movement with increased volume indicates a sustainable upward trend, whereas a negative price movement with higher volume could indicate a further decline in prices.

Delta Corp touched a high of 122.7 & a low of 121.7 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Today, Delta Corp’s share price remains unchanged at ₹121.85, aligning with its industry counterparts, including Emerald Leisures, which are also experiencing an upward trend. The benchmark indices, Nifty and Sensex, have seen a slight increase of 0.1% and a decrease of -0.14% respectively.

Delta Corp share price is at ₹121.9 and is still trading between the key support and resistance levels of ₹120.4 and ₹123.8 on a daily timeframe. If it crosses the support of ₹120.4 then we can expect a further bearish movement. On the other hand if the price crosses 123.8 then it will lead to a bullish movement.

The share price of Delta Corp has decreased by 0.41% and is currently trading at ₹121.35. Over the past year, Delta Corp’s share price has dropped by 42.28% to ₹121.35. In contrast, the Nifty index has increased by 22.88% to 22489.75 during the same one-year period.

The key support and resistance levels for Delta Corp on the daily timeframe are given below. Please note these support and resistance levels are derived from the classic pivot table.

The trading volume yesterday was 32.79% lower than the 20 day average. Yesterday’s NSE volume was 1013 k & BSE volume was 54 k.

The stock traded in the range of ₹123.8 & ₹120.5 yesterday to end at ₹123.2. The stock is currently experiencing a strong downtrend