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+++
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