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)
VOLTAS trade ideas
VOLTAS - Ending Diagonal breakout - 25% upside potentialWe can see that VOLTAS has formed an ending diagonal pattern at the bottom and trying to give breakout with good volumes with new higher highs and higher lows.
We may see an upside move towards 1000-1050 range in 1-2 months.
SL: Daily candle close below 800 levels.
VOLTASKey highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of channel pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 930.
✅Can Go long in this stock by placing a stop loss above 786.
✅ breakout this can give risk:reward upto 15%+
Falling wedge pattern breakout in VOLTASVOLTAS
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 925+.
✅Can Go short in this stock by placing a stop loss below 785-.
✅breakout this can give risk:reward upto 1:7+.
In demand zoneSimply drawing two trend lines on a log chart gives us a clear demand zone. It has been working for the last 22 years. Price is again in that region and testing the patience of investors. Will it start a new trend, only time will tell. Hence it is the time to study business fundamentally.