Hello guys, as said in the previous posts the I.T sector were looking weak to me and Techm & Wipro hit their shorting targets. Now Voltas here has given a breakout from it's trendline and also now is nearing it's resistance/supply zone which it was unable to break the last two time, if it breaks this resistance it will be a good buy for the upper marked...
Look at the Voltas showing good sign of going up. Trade with proper stop loss. *NOTE We are not SEBI registered Analysis is shared here is only for educational purpose. Please consult your financial advisor before any trade. We are not responsible for your loss.
Stay Cautious Investors ! As winter season is coming up I believe the sales will come down as well. Regards, Abhishek Singh
NSE:VOLTAS Observations: 1) On Daily Time frame you can see that it has taken good support from 1010 level and blasted from it with good bullish candle. Please refer below chart : Daily time frame. ------------------------------------- For POSITIONAL trade one can take long position from CMP as well as any dip above 1010 level will be good buying...
voltas give a narrow range breakout with heavy volume which shows a strength
NSE: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....
NSE: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...
NSE:VOLTAS On Daily Time Frame 21DMA is placed at 1034.80 level. And Friday it took support just above this level and closed at 1047.90 level. It will be bullish if it stays above 1030 level. Below 1030 level it will make down movement for short trade. I have just marked levels with line on the chart. Hope it is easy to understand. Do comment your doubt or...
Voltas taking support at the bottom of the traingle, can go long for swing trade above 1040 with stop loss of 1004 and aim for a target of 1111
NSE:VOLTAS Today it gave clear view for bullish signal. As it was making bullish divergence by making lower low on price while RSI was making higher lows. Also it was taking good support from 1025 level. And it broke the trendline. Here is the simple trade setup for 06-08-2021. Chart and levels are easy to understand. Do comment your doubt or...
NSE: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...
Voltas is trading between the zones of supply and demand and currently on demand zones and moving towards the supply zones, we can make a good 1:2.5 RR trade here on a 1HR tf close near 1060 levels target for 6% and risk can be set near 2% to 2.5% wait for 1hr close and let it close bullishly on 1hr :) trade with proper risk rules and follow them also let the...
BUY VOLTAS 1015-1020 TARGET 1060 STOPLOSS 980 EDUCATIONAL PURPOSE
BUY VOLTAS 1010-1015 TARGET 1065/1100 STOLOSS 970 EDUCATIONAL PURPOSE
understanding trade through support and resistance trade will remain void if opens big gap up or gap down.
The stock has taken support multiple times from the blue line and again it formed a Hammer candle near the support line. One can open a Buy position if it sustains above 1047 until 1020 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Tata company hai utha lo, aaj nahn tho kal faida hi degi :P Wait for it to close near the current range and take an entry after 3pm.