"VOLTAS LTD (NSE: VOLTAS) is showing a potential bearish pattern on the 30-minute timeframe. After a significant downtrend, the stock formed a rising wedge pattern, which is typically considered a bearish continuation pattern.
Key observations:
A sharp decline from around 1910 to 1840 levels.
Formation of a rising wedge pattern, characterized by higher lows and...
📈 Stock Name - VOLTAS Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1922.
🚨Disclaimer: This is not a Buy or Sell recommendation....
#VOLTAS trading above Resistance of 1561
Next Resistance is at 2241
Support is at 1248
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Voltas Limited is an Indian multinational home appliances company. It designs, develops, manufactures and sells products including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, water dispensers. Voltas is India's largest air conditioning company by market share.
as I go through its quarterly results it...
📊 Script: VOLTAS
📊 Sector: Consumer Durables
📊 Industry: Air-conditioners
Key highlights: 💡⚡
📈 Script is giving consolidation breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1594
🟢 Target 🎯🏆 - 1668
⚠️ Stoploss ☠️🚫 - 1566
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am...
1. Clear BO and retest done and now already near tp1
2. I'm not interested in any new entry as RRR is not favourable.
3. It can continue to run to hit the above marked tp points.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy...
VOLTAS is breaking its long term resistance
on #weekly basis with good volume
trading at ATH
#positionaltrade
#target 1900,follow ur sl
EDUCATIONAL IDEA
The journey of Voltas since December 2023 has been nothing short of impressive, with a significant uptrend propelling its price from 900 levels. As it approaches the crucial resistance zone around 1400, traders are eagerly anticipating a potential breakout.
The recent bullish momentum suggests underlying strength in the stock, but caution is warranted at these...
Voltas is showing early sign of higher bottom formation and may eventually give a double bottom breakout in coming weeks.
Stock is trading around 61% retracement level of Covid low to ATH run up and has previously given a falling wedge breakout around it in Jan.
After giving a decent run up from there it has retraced back and has now been at fibo support zone...
Voltas has good support zone around 1035 - 990 and until this is holding we expect to see another upmove towards 1250 - 1300 zone.
Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview.
Happy Trading!
InvestPro India
📈 Stock Name - Voltas Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1152.
🚨Disclaimer: This is not a Buy or Sell recommendation....
Voltas on the daily close has given a break out of the resistance zone around 1050-60.
It made a base around the 20 DEMA and given a nice move with good volumes.
Bullish entry can be made in the stock for positional trade for a ultimate level fo 1230.
Intraday entry with 1140 as target can be initiated and a stict SL should be kept as tomorrow is...
📈 Stock Name - VOLTAS Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1093.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's...
Hello Traders, i have brought another analysis on a pattern breakout which called (Falling Trendline Breakout & Double Bottom Pattern Breakout). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:-
Q:-...
NSE:VOLTAS
chart posted on 31st August 2023 when the price was 869
now it has made a high of 1068
21% gains till now and more to come
expecting 1300++
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of...
This has given a good breakout on 20th DEC with good volume.
Considering it as a good breakout, entering based on the Fibo level.
NOTE: There is a strong Bearish RSI divergence. Assuming that it is because of the profit booking, one might still hold the stock.
📈 Stock Name - VOLTAS Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1060
🚨 Disclaimer: This is not a Buy or Sell recommendation....
