Voltas has formed 8 waves channel (value area) with control price.
The current price is trading at 653 and major resistance are 665 nearby and 636 nearby, the calculation of far;
Major R. 665 - Major R. 636 = 31 / 2 = center 15.5
Trade SETUP,
Plan A: Buy this stock above 665 if close
Plan B: Buy at the value low 636 nearby
Both trade-plans has the same target 675 to 696.25.
To verify if your trade is correct, the stock should be going up/ down by more than 17 points in one day.
The current price is trading at 653 and major resistance are 665 nearby and 636 nearby, the calculation of far;
Major R. 665 - Major R. 636 = 31 / 2 = center 15.5
Trade SETUP,
Plan A: Buy this stock above 665 if close
Plan B: Buy at the value low 636 nearby
Both trade-plans has the same target 675 to 696.25.
To verify if your trade is correct, the stock should be going up/ down by more than 17 points in one day.
Trade closed: target reached
Trade closed: target reached