shaleenbansal

VOLTAS due for CORRECTION or NEXT LEG UP

Short
NSE:VOLTAS   VOLTAS LTD
VOLTAS is making a rising wedge pattern.

The obvious move will be a break down of the wedge as suggested by the Divergence on RSI .

Since price is moving up but momentum is slowing, a correction is expected.

This is a short term market move and post a 3-5% correction, stock will continue it's uptrend or go into consolidation.

Short below 820.
Target 1- 800
Target 2- 784
STOP- 830

NOTE:- Trade at your own risk.


Trade active
Trade closed: target reached: Correction in markets fueled the move. Target 2 hit.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out