VOLTAS – Fresh Momentum Seen After Breakout from Range
CMP ₹1294.20 | Time Frame: 5-min | Date: June 17, 2025
📊 Chart Summary:
Voltas has broken out above its recent resistance zone near ₹1280 on rising volume.
Price action shows strong higher highs & higher lows, confirming bullish momentum.
A healthy intraday consolidation around ₹1290–₹1295 suggests strength and buyer interest.
🔍 Technical Levels:
Immediate Resistance: ₹1305–₹1312
Support Zone: ₹1278–₹1285 (previous resistance → new support)
Volume Surge: Confirms buying participation on breakout
🎯 Trade Setup:
✅ Buy on Dips Around: ₹1288–1292
→ Target 1: ₹1305
→ Target 2: ₹1320
→ Stoploss: ₹1275
❌ Avoid Shorts Unless: Price falls below ₹1270 with volume
🧠 Bias: Bullish Continuation
📈 Momentum Score: 75%
⚠️ Look for follow-through candles and volume > 5-min avg
🔧 Voltas looks primed for short-term swing towards ₹1320+ if ₹1305 is crossed with strength.
#VOLTAS #BreakoutTrade #SwingSetup #VolumeBreakout #NSEIndia #TradingViewIdea
CMP ₹1294.20 | Time Frame: 5-min | Date: June 17, 2025
📊 Chart Summary:
Voltas has broken out above its recent resistance zone near ₹1280 on rising volume.
Price action shows strong higher highs & higher lows, confirming bullish momentum.
A healthy intraday consolidation around ₹1290–₹1295 suggests strength and buyer interest.
🔍 Technical Levels:
Immediate Resistance: ₹1305–₹1312
Support Zone: ₹1278–₹1285 (previous resistance → new support)
Volume Surge: Confirms buying participation on breakout
🎯 Trade Setup:
✅ Buy on Dips Around: ₹1288–1292
→ Target 1: ₹1305
→ Target 2: ₹1320
→ Stoploss: ₹1275
❌ Avoid Shorts Unless: Price falls below ₹1270 with volume
🧠 Bias: Bullish Continuation
📈 Momentum Score: 75%
⚠️ Look for follow-through candles and volume > 5-min avg
🔧 Voltas looks primed for short-term swing towards ₹1320+ if ₹1305 is crossed with strength.
#VOLTAS #BreakoutTrade #SwingSetup #VolumeBreakout #NSEIndia #TradingViewIdea
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.