Voltas is engage in business of Air conditioning, refrigeration & electro-Mechanical Projects & having Market cap of Rs. 32500 CR. Company is almost debt free & having healthy dividend payout background.
On Daily time frame it is taking strong reversal & moving towards previous high. Expecting a good movement here onwards.
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INDUSTOWER was hovering around its old trendline support for the last few sessions and has finally given a decent upside move. Is it reversing from this support? Perhaps. Time to start building long position. Further longs can be added once we get a retracement followed by continuation.