Top Stock to Watch: Delhivery Ltd. Positive momentum

Top Stock to Watch: Delhivery Ltd. Positive momentum NSE: DELHIVERY Delhivery is showing encouraging buying interest, with the stock trading nearly 5% higher in the morning session and appearing on both first- and second-resistance breakout screens. The important factor now is whether the stock can sustain its gains with strong trading volume rather than experience profit booking after the initial rally. Delhivery – Short-Term Trading Plan Parameter Watch level Reference price ₹420.35 Breakout confirmation Sustained move above ₹425 Potential target 1 ₹440 Potential target 2 ₹455 Indicative stop-loss ₹408 Time horizon 3–7 trading sessions These are illustrative trading levels, not independently verified technical targets. Confirm the latest price, volume and intraday support before taking a position. Trading strategy: Avoid chasing a sharp opening rally. Look for a sustained breakout above ₹425, preferably supported by higher-than-average volume. A failed breakout or weakness below ₹408 would invalidate this proposed setup.