Enter Voltas long and target 620 and then 660. It is in clear uptrend and broken upper trendline.
Note: This is for educational purpose only. Build up near resistance shows lack of selling pressure. Expecting a good bullish breakout once resistance is broken with good volume. RSI above 60 adds to the bullish momentum conviction.
Note: This is for educational purpose only. Bullish hammer formed on 20 EMA. 20 EMA above 50 EMA indicates medium term bullish trend. RSI above 50 indicates bullish momentum.
The price movement is currently in the bullish form. At present there is a price rotation in the stock.