High probability trade in VOLTASHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for Voltas
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 1 week
Note: Target, Entry and SL on chart
Voltas
Symmetric Triangle on VoltasSymmetric Triangle pattern formation on Voltas and it may break either side. MACD showing good strength for long side but need to wait for pattern breakout.
Trade Long:
Buy above - 483
Target 1 - 498
Target 2 - 513
Stop loss - 468
Trade Short:
Short below - 450.50
Target 1 - 433.50
Target 2 - 420.50
Stop loss - 468
Voltas- will it turn from here?Voltas is falling continously from many days. As per the chart it looks like that it had made its low for this series and it might turn towards north from here fast. So what is next?
As per the chart it look like that now it will not break it today low made @297.75 and will move upward towards 318/323 from here if move above 305.30
This view will become invalid if it breaks the today's low @297.75