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pulling to 542 to lead to short coveringto 554 and expecting price reverse fro there to the level of 528
Triple top formed in Voltas..very bearish sign.
Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
its been noted that this is a bullish flag. so if it crosses the 416 mark, its expected to touch around the 440 levels and the downward stoploss will be around 410 levels.
voltas is trading inside up ward raising channel buy above 388 for the tgt of 400/404 channel resi
well voltas doesnt make icecream for sure ...
but it does have good business in summers...
9 yrs TL about to break out soon..keep a watch
time : 45 days
disclaimer: for self teaching !
AB=CD approaching PRZ
BULISH VIEW UP TO 330-348 SUPPORT AROUND 285-288
nice short setup for voltas
As per the weekly price action, it is been observed Wave 4 is correcting at present and it shall move to 355-360 levels.
This is chart is on request of @Yuvrajsingh7722