Voltas looks good for Pullback Voltas after breakout looks good for target 900 SL below 795
This analysis is based on time and trendline analysis
Voltas
VOLTAS TRENDLINE BREAK AND RETESTVoltas broke dynamic trendline with volumes
Currently retesting the the horizontal as well the dynamic trendline
Seems any dip can be treated as a buying opportunity
Good RR for near future
Voltas Opportunities :
Positive Breakout Second Resistance ( LTP > R2)
RSI indicating price strength
High Volume, High Gain
Strength :
Company with Low Debt
Strong cash generating ability from core business -
Improving Cash Flow from operation for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Weaknesses :
MFs decreased their shareholding last quarter
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of shareholder funds - ROE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Decline in Net Profit with falling Profit Margin (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Declining profits every quarter for the past 3 quarters
Declining Net Cash Flow : Companies not able to generate net cash
Major fall in TTM Net Profit
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
intradaybuy above 834.
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
VOLTASKey highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of channel pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 930.
✅Can Go long in this stock by placing a stop loss above 786.
✅ breakout this can give risk:reward upto 15%+
VOLTAS LONGVOLTAS LONG
Expecting upmove from current levels, from support levels.
TGT - 1015 in near term
No recommendation , just view.
VOLTAS | BUY AFTER FALLING WEDGE BREAKOUTVolatas in trading in falling wedge, keep in watch list and buy after breakout. We will try to update the idea for upcoming moves.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The Worst is Over for VOLTAS?Retest of the breakout zone.
Still Risky.
But worth taking a risk with SL below 800.
Do Your Own analysis as it RISKY.
VOLTAS (Buy opportunity with SL- 803)Seems a less risky opportunity for a Long position for the target of 866- 892- 936 with a SL of 803
CHART & ANALYSIS -ADARSH DEY
Voltas cash entry for longCurrently at imp support of trendline connecting top of 2017 and 2020, also at 0.618% retracement level and support of AVWAP of 2020's low, all makes a good entry for cash with Good risk n reward, sl could be 779 (closing basis) for target of 1000, 1150, 1400.
VOLTAS LTD Seems good for a Bounce. Target seems to be 934 and SL - 850. Risk Reward Ratio stands to be at 1:3
Chart & Analysis
ADARSH DEY
# VOLTASAfter a poor qtrly result last time, stock tumbled a lot and traded in sideways zone a long, today gives a breakout, if sustain then TGT of 960-1020-1060 may be seen with support at 864.
voltas share analysiscandle confrimation doji daily time frame
channel line breakout voltas
rsi postive crossover
macd crossover
voltas longterm investment stock this time
longterm target 1700
postional target 1000
VOLTAS - intraday + Swing setup NSE:VOLTAS
1st entry for intraday target and if it gaps up above then enter on crossing 2nd entry point only
After 1st entry for intraday if it does not cross 886 then don't hold for swing then wait for it to cross 886 for swing move.
Hope you like this analysis please like and comment
Keep learning,
Happy trading.
Thank you
EMA 200 - Will Support hold?Voltas is a well known company in FMEG segment in India.
Share Prices are trading at around 35=40% discount from recent high, as a consequence of a slow quarter.
Its competitor Havells did not post convincing numbers and its shares plummeted as a result of it.
Since the prices are around a strong support region, it remains to see how the price will meander next.
Not an Investment Advice, only for research purpose.
Voltas - Long Term Head and Shoulder BreakVoltas formed a Head & Shoulder- Gave a break out on downside.
Anything below 880 will open up further down move towards 840 or further below as long as 926(SL) holds.
Voltas - Long SetupThe stock is trading in a range for the last 4 months. if gives a breakout at 1065, and sustains above, then may go to 1250 levels or more. Sustaining below 950 will show weakness on the charts.
only for learning and sharing purposes, not a bit of trading advice.
please share your views with comments.
All the best.
VOLTASWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
