VOLTAS IS CONTINUASLY REJECTED FROM THE HUGE RESISTANCES AREAS
SAME IS ALSO HAPPENING RIGHT NOW FROM THE RESISTANCE ZONES
VOLTAS NEED SOME KIND OF NEWS OR SOME KIND OF GOOD IMPACT ON THE COMPANY TOO BREAK THE MAJOR RESISTANCES ZONES UNLESS AND UNTIL IF NO SUCH KIND OF STUFF COME IN THE MARKET THEN PRISE WILL CONITNUE TO FALL AT ITS MAJOR SUPPORT ZONES
VOLTAS IS TRYING VERY AGGRESSIVELY TO REACH THE LEVELS OF UPPER AREA
SHOWED A BIT MOMENTUM BUT ALSO SHOWED A HUGE REJECTION FROM THE RESISTANCE AREA
WHAT YOU GUYS THINK ?
DOWN OR UP ?
COMMENT BELOW LETS DISCUSS ...
Take entry only when it satisfies these conditions :
1. It breaks the uptrend in a downside move.
2. The breaking candle is high in volume.
3. Wait for the retest as it is very very important in this case.
4. Set the Target and Stop Loss as soon as you enter the trade.
Do let me know if you have any doubts regarding the trade.