VOLTAS trade ideas
looking good ✌🏻all points are mentioned on chart please be careful with stops it only come to stop us out
all points mentioned on chart look similar to tcs
for educational purpose only
every trade have a probable outcome
attitude ( learning, taking trade ,make mistake and learn from mistake) make better results then shifting from to another tools each day
take responsibility of your trade , don't blame market as it owes you nothing
VOLTAS 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.
VOLTAS LONG CONTINUATION on the daily chart, voltas will be forming a morning star right at the confluence of support zone if buyers show control today.
If the volumes come in today, voltas can be seen moving upwards continuing the prior trend.
It has respected the 50% retracement mark and shown correction both in price and time.
LONG VOLTASVOLTAS is at support level and reversal is expected
TARGET : 1110
LTP :1040
STOP LOSS : 1005
DISCLAIMER : We are not SEBI registered investment advisors. Consult with your financial advisor before initiating any trade. We are sharing this analysis for educational purposes only. I may or may not hold any position in underlying security.
Voltas - Falling wedge + Bullish market structureThe 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.
Targets: 1033, 1084, 1131
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.