Buy initiated at 1657. CMP: 1675, SL: 1634.55, Target atleast 100 points around 1757++. Expecting explosive bullish move as per pattern formed. Had tested horizontal resistance of 1656.95 twice before upward resistance breakout in Hourly charts.
Price is printing in bull flag pattern with increased volume. Break out flag with adequate volume may print the price near 69. Entry at near 60, put SL 53.95
On MTF price has test the previous swing high at 343, the level which appeared as strong support and close HH. Moreover it breaches the .618 fib level . Let wait for pull back the price near 373 for suitable entry. On DTF volume has also increased to breach the crucial level at 363 appx. SL can be place near 338.7 for a target of 440.
Price is printing above 20 & 50DMA. Moreover, accumulation is going on on regular basis. Suitable for short term long.
Voltas looks bullish for short term. Buy Above: 538 for targets - T1: 565 T2: 576 T3: 586 SL: 511.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your...
on breakout we can see targets mentioned on chart
PALRED_Long_Swing_02.10.2017 Stop can be kept below the below the bottom trendine