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Tech_stock_trader
Jul 14, 2022 12:10 PM

Long Voltas trade set up Long

VOLTAS LTDNSE

Description

Long Voltas above 990 for the huge target of 1050-1075 with the SL of 955-50.High probability trade setup.

1) Stock at a very high support level. Most of the time stock turns up from the same level.
2) RSI Indicator above 60 levels with positive divergences.
3) Crossing the 200 EMA along with the 50 EMA moving average.
4) Entry point only after the BO of Trend line hourly closing basis candle.

If this trade works risk to reward ratio is 1:4.

This is for your educational purpose only.

Trade active

Comment

Trading AT day high 1040
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