-public holding in 2017- 22% -public holding in 2023- 15% -highest ever sales (TTM) & capex underway -losses from exceptional items may not impact in future
Huge Sell off in the Voltas Stock has been Seen, Also Stock has seen Pattern Break down, I am Bearish on the Stock, Will be Selling Voltas Future Below 925 For Targets of 900 And Stoploss 940
Good to take position above 1365 till 1375 Positional targets 1460 SL 1320 Long targets of 1600 SL 1220
NSE:VOLTAS voltas descending triangle breakout happend on the up side expecting upside target marked on the chart only for educational purpose it can be a trap also desending triangle (bearish sign) a gap pending below
Elliott Wave footstep for Voltas: Validation: W2 & W3 corrective W2 retraced at 50% exact W3, price extended 161% compare to W1. The Corrective W4 traveled in rage between 38.2 and 50%. W5 exactly was normal. The price is under the waves a,b, and c correction. Support 408, can push...