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...
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
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
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.
Voltas takes reversal strong signal to fall, put stoploss on every trade
Volatas 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
VOLTAS as per price and time cycle looking strong. We can see 860 above some super move.
Retest of the breakout zone. Still Risky. But worth taking a risk with SL below 800. Do Your Own analysis as it RISKY.
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