Showing Strength with RSI Breakout📈 Stock: Voltas (NSE:VOLTAS)
🔍 Closing Price: 1284.10
📊 Pattern: Bullish Engulfing after Bullish Piercing (17.02.2025)-Bulls taking charge!
📉 Technical Signal: Strong Bullish Candle + RSI Breakout
Key Observations:
✅ Bullish Engulfing confirms buyer strength.
✅ RSI Breakout, signaling strong momentum.
✅ Attempting to move out of the weak zone.
Key Levels to Watch:
🔹 Support Zones: 1311 – 1338 – 1388
🔹 Resistance Zones: 1234 – 1185 – 1158
Trading Plan:
📌 Sustained move above 1311 could trigger further upside toward 1338 and 1388.
📌 Weakness below 1234 may bring downside pressure.
