VOLTAS has closed at breakout level and looks bullish abv 582 (small hurdle at 587).
Looking at previous history of VOLTAS, this stock move well after confirmation of BO. So this should be on radar for next few days and if it sustain abv 582-87 then it should show good movement.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.

Piyush Gupta
Telegram https://t.me/priceactionchart

Price Action Course : https://tinyurl.com/55a62c8w

Alert tool : https://tinyurl.com/a56

Twitter : @pa_analyst
Whatsapp : 9717077198
Telegram : @pa_analysis


Piyush I've suscribed to your course! Nice chart as always.

If I may ask -why 582? Last highs from this chart comes at 580.2 (17th July) , 583.3 (5th Jun) and 587 (8th Jun). Have you seem something on another time frame or is that an averaged resistance level that you think is good?
+7 Reply
Piyush-Gupta designDemon
@designDemon, I picked 582 entirely based on daily chart and tired to find level where we have maximum crossovers (daily candle close, wicks etc). last close was 581 so anything little abv it is also one of the reason for this.
If market supports and volume comes , it will be good pick
+3 Reply
Piyush-Gupta nikhilvenkataraviteja
@nikhilvenkataraviteja, Yes volume is required but both last candle & previous to that (hammer) are bullish so hopeful that we will see good volume in coming days.
Great analysis. Definitely would be on my watchlist. 👍🏻👍🏻
+3 Reply
@KetanM, thanks brother
@Piyush-Gupta awesome chart sir. Always learned a lot from you. After a very good June month, we had many super chart analysis like Mphasis,hindpetro, wipro and M&M, now Voltas in queue😊 2 more weeks and hoping to end July with few more awesome charts from you.
+3 Reply
Piyush-Gupta SairamParamasivam
@SairamParamasivam, I am glad to know that you are benefitted and learning.
Let's finish July strong as well
+1 Reply
+1 Reply
Piyush ji, your levels are awesome..you have given me the confidence of trading..god bless you, sir.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out