Voltas
VOLTAS | BEARISH PATTERN | Descending TriangleFor the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
Cup & Handle pattern forming on Daily chart of VoltasCup & Handle pattern on Daily Chart of Voltas
Entry 1 - 570,
Entry 2 - 586 on breakout
SL - 520
Target - 720
* I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Synergistic Pattern: Advance pattern (W + Flag) + 'W' within 'W'Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
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Early entry: 550
SL: 530
Target: 650
RR: 5.0
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Voltas Trade Setup & Elliott Wave Count !!TREND ANALYSIS & TRADE SETUP
Elliott Wave Analysis.
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
Voltas Flag 🚩 and start of 5th waveMust sustain above 550 on 15 min to confirm breakout. Conservative can watch 557 close on 15 min chart to confirm breakout. Positional SL 535. All other details in chart.
VOLTAS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
voltasNSE: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
VOLTAS Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Voltas , Break !!!!!!Further breakout will lead to 580 / 620 respectively !!!!
Be simple with charts
can follow on twitter for live updates !!
VOLTAS Pullback BreakoutVOLTAS showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 559.1
Short below 544.9
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Voltas Falls from the Resistance Zone.Once Again Voltas share has been rejected by the Resistance zone as appearing in the chart. Now this can be short below the level of 545 for the next level of 535-531 for swing or intra day entry. As below this level stock will be trading the below 50 EMA. So add the stock in your watch list for further price action .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Voltas - Head & Shoulders TopVoltas has formed a Head & Shoulders top on 15 mins Time Frame.
Initiate Short.
Target 1: 520
Target 2: 500
Stop Loss : 565
VOLTAS - Time to cool downVoltas is up with huge gap ups, gaps need to be filled hence here must be retracement for now till 555 with the stoploss of 590.
Voltas above 545 VOLTAS closed with strong bullish candle & considering the market trend, we can see further potential upside in this.
If sustains above 545 - > we can go for long
Above 545, we can targets of 555/572
Pls add to watch list & trade as per trend.
#VOLTAS #NIFTY #BULLISH #TRADING #INVEST #TECHNICAL #NIFTY50 Low Risk High Return
Morning Star Formation in Voltas Shares
Strong Support zone since 2017
Trend Reversal
Price Action
First Target 450
Next Target 475
If Sustains High Upside
Stop Loss 425
Voltas EWT, Weekly TF. & Hourly TF.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 price up-to 492 and 530+ for corrective wave 'b'.
1 hour chart:
Loot up "EW Theory" for hourly TF.
398-408 is target for short sellers
Support 400 nearby to push price upside 458 nearby.
Keep an eye on VoltasI just give you a stock which can show you high movement in the coming days, Keep an eye on it and if it breaks any of the ways as given in chart you can trade according to your risk.
