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...
Hi, Please find my study about Voltas. It got Head and shoulders / Cup & handle / Ascending triangle pattern formations. And in day chart today it shown "Morning star" candle at support, which is good sign for earlier entry. But the perfect entry will be after the breakout of 1132 and above. please confirm it before you go for a entry. Hope that helps, Thanks.
day trade on the basis of support and resistance. void if opens big gap up or gap down.
The price was forming a falling wedge pattern but broker out of the wedge and formed a Higher high. As can be seen from the current market structure, Voltas is in an uptrend. The price formed a hammer candle on the 200 moving average and bounced back. The 200 SMA has acted as good dynamic support in the past, as has been highlighted by the green circles. ...
A short-term investment opportunity in Voltas. Looks like a good buy at current levels may achieve 1010+ by end of April. SL should be placed at 920.
ready to break the chart is self explained
VOLTAS IS BEING READY FOR A GOOD BREAKOUT OR BREAKDOWN. MY VIEW IS BULLISH. JUST WAIT FOR A BREAKOUT
sELL VOTAS @ 1001 sl 1005 tARGET 995-993-989
After retracing upto 0.5 fibo level now its trying to cross the resistance zone. But as per volume it looks weak to break the upper resistance level. So, Keep eye on volume activity during breakout. If it break & sustain above the supply level then good to go long or it will get back to its channel again if it fails.
Look at the chart if voltas breaks the channels upper boundary it will give a sharp move. Targets mention in the chart.
Price breaks the pattern and reached the long term resistance levels if closes above this resistance then one can look for long till the previous high levels.
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.