VOLTAS trade ideas
Rising wedge chart with mentioned supports and resistancesRising wedge chart with mentioned supports and resistances.
Can Swing Trade/Intraday After gaining/loosing support.
Educational Purpose.
BGN
VOLTAS LTD BULLISH FLAG FORMATION 20-30% PROFIT IN SHORT TERMVOLTAS LTD bullish flag breakout we can see 20% move as it down 20% from all time high we can forecast a move from the breakout 1st target -1195 and 2nd target-1275 with a stop loss of 920
Channel Breakout with Trendline Support (Don't Miss)Voltas Ltd. is involved in the business activities of Manufacture of refrigerating or freezing equipment f industrial use, including assemblies of major components.
The stock is moving in a channel for quite sometime now. growing volume in the stock suggests that the stock is ready to breakout.
The Company is well known and needs no explanation. Debt Free Company with Healthy Balance Sheet. The Company has posted stellar numbers for the last quarter of FY 21 yesterday. Expecting a bounce from support line.
This stock can be accumulated at this levels as well. But to be safe, Don't miss above 1005 levels for targets of 1100-1150. Long Term Target 1300+++
Feel Free to share your feedback and queries
Voltas - Short Term Swing TradingVoltas was trading in the trend line and it was touched the trend line and retraced and started moving higher in 1hr time frame.
In Daily time frame it was parallel channel and trendline of 1hr TF make its as a Symmetrical Triangle Pattern.
Hence, go for Long at
970-972
SL - 961.. Have a good Risk Reward Ratio.
Disclaimer: Kindly do your own analysis before executing the trade.
Voltas - wait for signal, then longwait for price to take support of 44 day SMA, then long.
target : 1075, 1100
stock may fall in short term, do not enter right now..
idea shared for educational purpose only.
VOLTAS LONGIt has broken the trendline, it may not give a straight upmove it might consolidate a bit and then give a move toward the peak marked.
Considering the summer season one can accumulate as there is good demand for electrical goods.
This analysis is a combination of technical and market analysis.
Please Do Like Analysis !!
VOLTAS Possible entry @1017.00.As we can see there is break out happening with respect to trend line with supported volume, we will take enter @ 1017.00. Hoping price to reach both the targets as momentum looks really strong (Bullish).
#Voltas cash : Looks good above 1016.10#Voltas cash
11.05.2021
Looks good above 1016.10
n add till 990-995
stoploss 975
Target 1060/1090/1140
Cmp 1009.80
(Tommrow result of Voltas)
Voltas breakoutThe stock has consolidated for more than 3months and it's forming a triangle pattern and now the stock gave breakout we can take a long position with the target of 1100++
Note: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Voltas Triangle patternFormation of the triangle pattern wait for breakout or breakdown we can expect a big move after breakout
