voltas for 16.06.2021day trade on the basis of support and resistance.
void if opens big gap up or gap down.
Voltas
VOLTAS LONG CONTINUATION on the daily chart, voltas will be forming a morning star right at the confluence of support zone if buyers show control today.
If the volumes come in today, voltas can be seen moving upwards continuing the prior trend.
It has respected the 50% retracement mark and shown correction both in price and time.
Voltas - Falling wedge + Bullish market structureThe price was forming a falling wedge pattern but broker out of the wedge and formed a Higher high. As can be seen from the current market structure, Voltas is in an uptrend. The price formed a hammer candle on the 200 moving average and bounced back. The 200 SMA has acted as good dynamic support in the past, as has been highlighted by the green circles.
Targets: 1033, 1084, 1131
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
intraday idea for tomorrow #equity the buy entry point is mentioned in the chart buy above only if it closes above it. targets 1,2,3 are given. stoploss can be placed below trendline. the ideas which iam giving here is meant for educational purpose.if you like my analysis like,share and follow me for daily intraday analysis.
Breakout StockBreakout with above avg. volume and also breakout on 50 days MA.
Looks good for long position for short term.
This post is for information purpose only.
VoltasVoltas -Cmp 1034.40
The stock has given a breakout above it's resistance levels of 1013-1028. Looks good for initial targets of 1080-1100.
Go long on Voltas As you have seen that there has been a breakout with a volume burst. So keep calm and observe before entering.
VOLTAS Breakout from Bull Flag?VOLTAS is exhibiting heightened volumes at the edge of the Bull flag. Possibility of a accumulation followed by bull flag breakout..?
Voltas | PositionalCurrently Tracking- #VOLTAS
Note - For educational purpose only.
I don't provide paid calls or stock tips.
Use it, if it's Insightful. Ignore otherwise.
VOLTAS LONG WITH POSITIONAL BUY AT CMP Rs. 1000.45
SL - 975 ( IF 1 HR CANDLE CLOSE)
TGT - 1045 & 1075
Voltas Buying on a retestVoltas has been in a consolidaTION FROM 2 MONTHS . And it has given a minor breakout from falling channel.
It may be posssible that its reststing the broken zone as shown. NSE:VOLTAS
voltas level for 19/05/2021NSE:VOLTAS
trying to close above 1012.5 from 22nd march onwards. Today it succesfully closed above that level after a consolidation in a small range..
if that range is broken with a gap up then good momentum can be seen on the upside
Voltas at its supportA short-term investment opportunity in Voltas. Looks like a good buy at current levels may achieve 1010+ by end of April. SL should be placed at 920.
VOLTAS - FLAG & POLEVOLTAS IS SHOWING A SIGN OF TREND CONTINUATION. INVESTORS CAN HOLD THE STOCK FOR MORE RETURNS WHILE NEW SWING ENTRY IS ALSO POSSIBLE
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Voltas to run above this channelVoltas has shown good market capture in Home AC segment though not as good as expected.
It has potential to show some good rally to factor in recent performance on charts as well.
Pole and flag is formed and next outcome likely to happen.
VOLTAS LTD BULLISH FLAG FORMATION 20-30% PROFIT IN SHORT TERMVOLTAS LTD bullish flag breakout we can see 20% move as it down 20% from all time high we can forecast a move from the breakout 1st target -1195 and 2nd target-1275 with a stop loss of 920
