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Voltasfuture

Voltas moving in green. Intraday trade for 01/02/24.Voltas on the daily close has given a break out of the resistance zone around 1050-60. It made a base around the 20 DEMA and given a nice move with good volumes. Bullish entry can be made in the stock for positional trade for a ultimate level fo 1230. Intraday entry with 1140 as target can be initiated and a stict SL should be kept as tomorrow is budget. Target :- 1140, 1230 Support :- 1082, 1055 Enty :- Starts trading above 1095 levels. Crossing the resistance level of 6 month can give some buying momentum. Wait for the price action near the levels before entering the stock.
NSE:VOLTAS
by Mambotrade
Voltas upcoming move prediction (19/06/23).The stock has been consolidating in a descending triangle pattern and previously given huge targets after the consolidation phase. It has shown a bearish moving average cross over on the weekly charts and has given a retest to the 20 EMA this week. There is a losing strength as per the RSI indicator though the market is trading above the previous low. Either side movement can be seen in coming weeks. 2-3% move is expected on the both side, if the stock price start trading out side the consolidation zone. On daily charts too, it has closed below both the moving averages and shown a upper wick rejection from the resistance zone which coinsides with 61.8 fibonnaci levels. Support:- 778, 746 Resistance :- 825, 858 The stock can be bought on from long term prospect above 825 levels. Below the level, it can retest the lower levels which can give opportunity to accumulate stock at lower levels(near support levels). Future and option trades can initiated once the stock start sustaining above/below the levels. Positional and swing trades must be initiated with a holding time of 1-2 weeks. MA setup can be used for deciding Targets and SL. The stock is forming a bearish pattern on the weekly charts, forming lower lows lower highs. To be in the trade for a long time use Option hedging(1 by 2 even or a put credit spread) or Future hedging Wait for the price action near the levels before entering the trade.
NSE:VOLTAS
by Mambotrade
3
Simple Trade Setup | VOLTAS | 12-08-2021NSE:VOLTAS Today we saw amazing recovery from the bottom level. And it closed in green. But on daily time frame it still remains below 100DMA which is placed at 1009 level range. It will only safe to get new buy trade once 1010 level breakout. Please refer below chart on daily time frame. ----------------------------------------------------------------------- Below is simple trade setup Safe buy trade breakout of 1010 level and safe short trade below 995 level. If it open gap up above 1010 level and try to get support from 1010 level then it will be entry for buy trade. But 15min candle should be required to take judgement. But after gap up opening it breaks the 1010 level down then it will be short trade entry. If it open minor gap down or flat in range of 997-1000 then better to wait to level break on either of the side. Also if it goes up and take resistance from 1010 level then it will be short trade entry. Hope I made it easy to understand levels. Do comment your chart or suggestion. all the best.
NSE:VOLTAS
by Trading_hawk
12
Simple Trade Setup | VOLTAS | 11-08-2021NSE:VOLTAS On 10-08-2021, on daily time frame it has broken and closed below 100DMA. 100DMA is placed at 1009 level range. Please refer below daily chart. Trade Setup for 11-08-2021. Any Resistance at any level till 1009/1010 will be opportunity for short trade. VOLTAS will remain weak below 1009 level. Chart and levels are easy to understand. Do comment your doubt or suggestion. My personal view is bearish until it trades below 1010 level. Trade with strict SL. All the best.
NSE:VOLTASShort
by Trading_hawk
4
Simple Trade Setup | Voltas | 05-08-2021NSE:VOLTAS In last two trading day, it made lower lows in chart while RSI made higher lows on 15min time frame. This could be the beginning of the RSI Bullish divergence. Simple Trade Setup for 05-08-2021 1) For the safe buy trade it can be taken above 1044 level only. 1047 level will give a bit of resistance but need to judge price action at this level. If it gets broken with just one single candle then no need to book the partial profit. All above levels will be targets. One buy trade can be also made above 1040 level if it breaks or works as support. 2) Tomorrow, It may come to test level of 1025, and if it takes support then it will be a sign of bullish trade. And at the same time need to check RSI in 15min time frame at 1025 level (which will be another low in price) and if RSI is having higher low then this is going to make a bullish divergence. But Don't jump in trade until it breaks the trendline. 3) For the short side trade it is very clear and simple. Also it closed just above 21DMA on daily time frame, which is near to 1031 level. This level is also to watch and how price is working near this level. Chart and level is easy to understand. Do comment your doubt or suggestion if any. Trade with your Stoploss. And don't be shy to book profit at your level and don't hold the trade for entire day.
NSE:VOLTASLong
by Trading_hawk
6
🆒 VOLTAS 🆒 Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS , MOTHERSUMI , DLF , BRITANNIA If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:VOLTASLong
by thestockengineer
1