Voltas- Swing trade Long

VOLTAS LTDNSE

Description

⋅ Jul 13, 2021 10:55 AM

Voltas is forming cup and handle and given a breakout of the handle. RS is near zero line giving good R:R. Convergence of 20 and 50 EMA also gives confidence on the trade.

I expect this to move towards 1150 and beyond that 1300 levels are open.

Chart Patterns