Voltas is so far away from its ATH and it is in the process of forming abeautiful cup with handle. On the break of the handle, the trendline and the 50ema will also be broken. If such a break is seen on high volume, a beautiful long position can be taken for a long term trade or even an INVESTMENT Updating this early so people can be on the lookout for a...
NSE:VOLTAS Voltas Positional Pick Technical:- Voltas ltd has given some fake moves after the breakout of the falling wedge but it is not able to hold the shorts and bounced back above the pattern. On 10th Feb it has given a strong range breakout with strong volumes, we are planning to take entry upon breakout Retest so it can add more confluence. (entry in...
Voltas has been hovering around the 920 and can give a breakout in upside if closed above 930.
NSE:VOLTAS trade levels, in either way, is mentioned in the chart. As RSI in 30m chart showing a small breakdown a uptrendline, may be little down is possible. Roughly 900-925 is the consolidation zone. Volume is not there. Checking the OI Data: 1. Max support: 900 (call unwinding and put addition happens) 2. Most interesting: at 920 roughly little more than...
The analysis is done on Monthly TF hence price may take few weeks to Few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
you can buy on breakout or you can sell at resistance depend on the candle both side potential 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
BOTH SIDE POTENTIAL YOU CAN SELL IT AT TOP 925 AND BUY IT AT BOTTOM 900 BUT WAIT FOR THE PERFECT ENTRY DO NOT RANDOMLY BUY AND SELL. BREAKOUT TRADE POSSIBILITY IS ALSO THERE 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...
Voltas after breakout looks good for target 900 SL below 795 This analysis is based on time and trendline analysis
Voltas 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
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...
buy 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
Voltas results are not as expected for the past 4 quarters and is having a gap down opening. The trend may continue for tomorrow's result as well. Expecting the share price to drop by 30-40rs.
Key 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 LONG Expecting upmove from current levels, from support levels. TGT - 1015 in near term No recommendation , just view.
This is follow-up on Voltas. Can check link to related ideas. Target 1 achieved. Gain of more than 13% in 1 week. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
Voltas takes reversal strong signal to fall, put stoploss on every trade