VOLTAS LTD
Long
Updated

VOLTAS PULLBACK (LONG TRADE )

VOLTAS
Reasons to go long :
1. Reversal from the golden reversal level of 61.8% fib level .
2. Trend Break + Retest Done
3.Very strong buying (bullish volume ) today (10-02-23).
4. Volume profile indicator showing no major resistance till 1000 lvl.
5. Q1-Q2 earning will increase ( summer months )
Note
Entry @835-840
Tgt1 ; 890
Tgt2 : 925
Tgt3 : 1000
SL@ : 810
Trade active
Note
Tgt 1 Done ( Hold for Tgt 2 )
Trade closed: stop reached
Sorry to update this late , as you saw TRAGET 1 was a success but the stock reversed from the same level . So it's better to Accept SL and wait for new Entry ( which I will update if triggered )

Disclaimer