VOLTASCurrently at trendline Support.
But Trend is weak.
Breakdown of trendline will bring further weakness
Keep n eye, Strength only on breakout of this structure.
VOLTAS trade ideas
VOLTAS READY TO FLYCONFLUENCE OF TREND LINE AND MAJOR SUPPORT.
GOOD BUY ABOVE 960
WITH STOP LOSS OF 935 ON DCB
TARGET 1015-1050-1090+++
Voltas Falling wedge Falling wedge pattern can be seen in Voltas on daily time frame, trade can be initiated after breakout of trend line
WAVE 4 EXPANDING TRIANGLEMARKET STRUCTURE:ABC FLAT CORRECTION
CURRENT LEG:WAVE C,SUB WAVE 4,LEG E
PATTERN:EXPANDING TRIANGLE.
COMMENT:BOUNCE OF 5TH LEG OF EXPANDING TRIANGLE CAN COME.YESTERDAY IT MADE DOJI CANDLE.IF HIGH GET TAKEN OUT THEN LONGS CAN BE INITIATED WITH A STOP OF 945 AND TARGET OF 1024
Voltas LtdDaily Chart Pattern
Positive Momentum
May Pull backed from Resistance turn Support
Can give good return in Short term
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
VOLTAS may building a good trade setupVOLTAS may be under formation of a good trading setup. Need to keep watch
Voltas: Effect of Summer Heat will get Captured in ThisEnjoy Voltas cooling if it sustains above 990.
#Voltas cash : Looks good above 1008.10 #VOLTAS CASH
08.04.2021
Looks good above 1008.10
and add more above 1014.10
stoploss 997
Target 1036/1055
Cmp 1004.10
Voltas - H & SStock making Head & Shoulder (Hourly)
FLag Pattern (Hourly)
Resistance Zone from 1010 - 1020
Currently consolidating before breakout
Buy above breakout (with High Volume)
Entry only above 1020
with Sl below 990
for Tgts upto 1080-1100
VOLTASNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Time to aquire Voltas!!!!Voltas is at its ultimate support level. Buy it off and see It reaching higher highs.
Voltas is trading near support zone at day time frameVoltas is trading near support zone at day time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
