VOLTAS | Ascending Triangle Breakout | Swing Trade Voltas has given an ascending triangle breakout.
Hello Traders, Voltas monthly chart has formed a hammer and the previous covid time high which was acting as resistance is now acting as support. The setup is one of the best RR wise. The target is more than 1:3. Please make your own decision and the view i shared is for educational purpose only.
1. WEEKLY CHART- 14feb, it makes a bullish candle in the base then in the next week it fells down with whole market but it recovers fully so i am buying it, RS is leading. 2. DAILY CHART-it is making a small cup and handle pattern with high volume breakout, RS is leading. 3. 94M CHART-it is making inverted head and shoulders pattern, also made a bullish pinbar...
Voltas has been in an uptrend in the higher timeframes , It consolidates for a while and then moves up. The last swing low consolidation was for a very long time around the 900 area which happened to be the 61.8% Fib retracement level and this time around it has again been bouncing off of and consolidating around 1000 area which is again 61.8% retracement from the...
Voltas is trading between the zones of supply and demand and currently on demand zones and moving towards the supply zones, we can make a good 1:2.5 RR trade here on a 1HR tf close near 1060 levels target for 6% and risk can be set near 2% to 2.5% wait for 1hr close and let it close bullishly on 1hr :) trade with proper risk rules and follow them also let the...
VOLTAS LTD started trending good movement, stock can be brought at current levels for long positional target 660/- with stop loss 560/-
In this video I have shared all the best possible entries in Voltas as it was trending. I shared all kind of entries with best R:R You can learn how to trade them Either from my videos or can contact me as well. My Love for Trading is Primary anything else is Secondary. & It will be delighted for me to share all my knowledge with you!