Voltas has followed the trendline and respected it multiple times and while riding that trendline it reached 52 week high and today broke out after touching it multiple times.
Weekly Chart for the reference.
Today's Closing looks to be strong as volume is decent today. If we have patience then this stock might give us more than 40-50% returns in next few months. Few months doesn't mean 1 or 2 months . It broke about after 171 days so returns mentioned above can be expected in around same number of days.
Keep an eye folks and Cheers.
Disclaimer:- I am not SEBI registered. Trade with caution and trade with your own risk.
Weekly Chart for the reference.
Today's Closing looks to be strong as volume is decent today. If we have patience then this stock might give us more than 40-50% returns in next few months. Few months doesn't mean 1 or 2 months . It broke about after 171 days so returns mentioned above can be expected in around same number of days.
Keep an eye folks and Cheers.
Disclaimer:- I am not SEBI registered. Trade with caution and trade with your own risk.