Voltas was trading in the trend line and it was touched the trend line and retraced and started moving higher in 1hr time frame.
In Daily time frame it was parallel channel and trendline of 1hr TF make its as a Symmetrical Triangle Pattern.
Hence, go for Long at
970-972
SL - 961.. Have a good Risk Reward Ratio.
Disclaimer: Kindly do your own analysis before executing the trade.
In Daily time frame it was parallel channel and trendline of 1hr TF make its as a Symmetrical Triangle Pattern.
Hence, go for Long at
970-972
SL - 961.. Have a good Risk Reward Ratio.
Disclaimer: Kindly do your own analysis before executing the trade.