VOLTAS trade ideas
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++
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Voltas Triangle patternFormation of the triangle pattern wait for breakout or breakdown we can expect a big move after breakout
Voltas, Breakout level retested.Retest of breakout level done base formed. expected to bounce above trend line. Gann levels given. RSI bouncing from 40,
Voltas is looking for a breakoutVoltas is looking for a breakout
We can see voltas in 1200-1300 range.
voltas at important zoneprice in dowmward channel in voltas and just taking support at the
confluence of the upper trendline of channel and also horizontal support zone
shown , broken channel can show further downside in voltas
Voltas - Triangle breakout - 16% opportunityTriangle pattern is about to BO.
CMP- 971
Target 1 -1090
Target 2: 1130
