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Voltastrend

VOLTAS BEARISH FLAG SELL"VOLTAS LTD (NSE: VOLTAS) is showing a potential bearish pattern on the 30-minute timeframe. After a significant downtrend, the stock formed a rising wedge pattern, which is typically considered a bearish continuation pattern. Key observations: A sharp decline from around 1910 to 1840 levels. Formation of a rising wedge pattern, characterized by higher lows and higher highs, but with converging trendlines. The stock price has just broken below the lower trendline of the wedge, suggesting a potential continuation of the downtrend. The breakdown from the rising wedge suggests a possible bearish move. The next significant support level appears to be around 1836.05, which is marked as the 'Low' on the chart.
NSE:VOLTASShort
by baddonkey99
7
Voltas: Bullish Momentum Continues, Potential Breakout Above 139The journey of Voltas since December 2023 has been nothing short of impressive, with a significant uptrend propelling its price from 900 levels. As it approaches the crucial resistance zone around 1400, traders are eagerly anticipating a potential breakout. The recent bullish momentum suggests underlying strength in the stock, but caution is warranted at these levels. While the upward trend is intact, the resistance around 1400 could pose a challenge. Traders should closely monitor price action, looking for confirmation of a breakout above 1395. A decisive move above this level could signal a continuation of the upward trend and offer compelling trading opportunities. Additionally, keeping an eye on key support levels and employing risk management strategies are essential to navigate the market volatility. Stay vigilant and adaptable to capitalize on potential opportunities while mitigating risks.
NSE:VOLTASLong
by CyborgTradingHub
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 Important levels to watch. Voltas LTD is falling sharply past few days, Now it has come very close to the support region. the immediate support and resistance levels are marked on the chart. #support : 737 If the stock manages to close below the support level on daily closing basis, the stock may expect to test the next support level in few sessions which is marked on the chart at 680. in other case, if the stock takes support at the given level and bounces back it may reach towards the trendline resistance plotted on the chart. If the stock breaks out from the trendline resistance then we may expect the targets till next immediate resistance marked on the chart. so watch the price action and keep the stock on radar. Follow us for more such information, and if you like the idea do not hesitate to like it. Do let us know in comment section if you want us to check out any stock. Disclaimer: This idea is just for educational purpose, please do your own research before initiating any trade.
NSE:VOLTAS
by InvestyourAsset
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
Voltas Opportunities : Positive Breakout Second Resistance ( LTP > R2) RSI indicating price strength High Volume, High Gain Strength : Company with Low Debt Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Book Value per share Improving for last 2 years Company with Zero Promoter Pledge Weaknesses : MFs decreased their shareholding last quarter Inefficient use of capital to generate profits - RoCE declining in the last 2 years Inefficient use of shareholder funds - ROE declining in the last 2 years Inefficient use of assets to generate profits - ROA declining in the last 2 years Decline in Net Profit with falling Profit Margin (QoQ) Decline in Quarterly Net Profit with falling Profit Margin (YoY) Declining profits every quarter for the past 3 quarters Declining Net Cash Flow : Companies not able to generate net cash Major fall in TTM Net Profit Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
NSE:VOLTAS
by stoxway
1
Long Voltas trade set upLong Voltas above 990 for the huge target of 1050-1075 with the SL of 955-50.High probability trade setup. 1) Stock at a very high support level. Most of the time stock turns up from the same level. 2) RSI Indicator above 60 levels with positive divergences. 3) Crossing the 200 EMA along with the 50 EMA moving average. 4) Entry point only after the BO of Trend line hourly closing basis candle. If this trade works risk to reward ratio is 1:4. This is for your educational purpose only.
NSE:VOLTASLong
by Tech_stock_trader
VOLTASVoltas, this stock has been consolidated in a parallel channel since October 2021, and now very first time it has closed just out of that same channel's top on daily time frame, Also it has been closed above 20DMA from last 15 days and sustaining on same. As per elliot wave structure we can assume that from the low of 8th March fresh impulse wave 1 started and on the 17th March wave 2 was started and completed on 28th March, So now possibly wave 3 is in unfolding phase. RK's Magic indicator is also showing cloud impulse buy on daily chart, along with macd turned positive crossover on weekly chart. Overall it looks good candidate to go long, at current levels or in dips ( if any ). on the way up side 1457 is the level where wave 1 and wave 3 would be equal, and on the way down RK's stoploss line which is pegged at 1244, can be a good support level to watch out for in forth coming days. Wave structure on daily also all key levels are mentioned on chart macd positive crossover on weekly macd positive on daily rsi breakout and uptick on daily Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:VOLTASLong
by RK_Chaarts