If you want to catch the move at early stage then, voltas is at the verge of giving flag pattern breakout, buy can be initiated above 663. There's hurdle present at 671, 682. Such bets are a bit risky but give massive returns.
Lets wait for the breakout, if happens it will reach 741
voltas BEARISH bearish short setup positional trade....
Short Term Investment. Buy on Dips Suggested. All the level are Mention on Chart. Do your Own Analysis before any trade.
Voltas Buy above 599 TGT 605-608-610 SL 593.4
VOLTAS LTD started trending good movement, stock can be brought at current levels for long positional target 660/- with stop loss 560/-
Enter Voltas long and target 620 and then 660. It is in clear uptrend and broken upper trendline.
Voltas made a bullish run from 100 DEMA to 200 DEMA in a day only to retrace back a little & is now perched beautifully just below the 200 DEMA & 50% FIB retracement level as shown on Chart. Its a precarious level with both scenarios of break and rejection equally possible. Volume & Momentum seem to favour a break upwards. Pay attention to NIFTY trends and...
Explaination mention above -: I am bullish above 565 level . Firstly ,let the market to prove us that this stock has some bullish momentum . we can't buy right now because the picture isn't clear . we will only buy above 565 for intraday purpose till 585 level. because we can see minor resistance at 565 . As you see last trading session it make hammer candle...