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.
Hey Kinnari !
I wanted to ask on what basis do you set your control price to achieve your target ?
I'm new and wanted to know about entering and exiting a trade.
Thanks :D
Trade-Technique
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@Aditya_Singh21, it's a gravitational area where price attract more and more.
amitmargaje
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late to enter now, will have to wait for ur next call
I wanted to ask on what basis do you set your control price to achieve your target ?
I'm new and wanted to know about entering and exiting a trade.
Thanks :D