Delhivery (in sync with other platform businesses) broke out of its medium-term arc formation 1 month back. Since then, it has consolidated between 400-420.
Delhivery-Weekly
It is also in a short-term rising channel and is currently testing the upper band, however there seems to be strong supply at ~420 level, which looks like the last hurdle – if taken out – before the stock gives a quick ~20% upmove to ~500.
Delhivery-daily
@hitesh2710 sir, this is my first post on Valuepickr and would love to hear your views on the same.
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