DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
Voltas Transformers Ltd formed a bullish flag pattern as shown in the chart, which is a continuation pattern.
This can be the best level to enter into trade.
(PS: For educational purpose only)
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
after long sideways journey fromJul2016 - Jun2021, 746 as support it leveled up it support to 1373, which was its resistance earlier, now its on edge of its resistance level of 2007-2008 level - 1937 , not gonna be easy to break, currently 1684 is its support, since power sector is shining can put a radar on monthly closing above 1940 can be a good buy for a quick...
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
#Voltamp daily chart has given breakout in curve & pole and flag pattern and now stock can move toward 1,420-1,460 level according to chart with the help of 1120 support level.
Good clear cut support at 1050 level stock has tried to break its resistance of 1125 few times if it breaches the level then there would be a bullish rally for the stock as there is a gap of about 35 rs hope to cover it soon
