📈 Stock Name - VOLTAS Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1060 🚨 Disclaimer: This is not a Buy or Sell recommendation....
Basis of the Trade :- Ascending Triangle Breakout , Price- Volume action. 930 was a resistance level, that was breached convincingly with Highest Weekly volume in the last 2 years. Go long around CMP. SL :- 930 Target :- T1 - 1065 T2 - 1120
Note: this analysis is only for educational purpose.
#voltas ready for the next rally. Levevls broke, and retest done... Now Break the Supply and move stronger for upside target. Targets on charts.
Voltas can be a good and relatively safe pick for medium term positional trading. Try to enter around 780 levels with a SL of below 740 DCB for minimum target of 920.
Target 1060, support 850. Time frame: One month. Comment: Bullish
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. After breakout, a major resistance becomes major support. When price reverses from major support and breaks above major resistance zone, it signals towards a major trend change towards upside. The above analysis...
-public holding in 2017- 22% -public holding in 2023- 15% -highest ever sales (TTM) & capex underway -losses from exceptional items may not impact in future
Voltas has given a string breakout can be held for 1-2 weeks for a target of 986
VOLTAS breaking c&h on #weekly basis huge volume and good rsi #target1 1100 #target2 1340 educational idea
Votas crossed neckline of head and shoulder pattern with much volume. Price First target 975 and Target second is 1075.
Voltas- Box breakout done for the target of 1120. Though it broke out, wait for the candle close above the blue line for safer entry. Note: This is for educational purpose only and not a buy recommendation.
Voltas-- Positive Closing 1) Trendline Breakout 2) Multiple weaking trendline 3) VCP
Voltas breakout and triangle pattern. Looks good and this is my study and not an suggestion to buy or sell.
stocks has given good bo only for educational purpose not for recoomadtion
Stock is facing major resistance since more than one year at 920-925 zone, yesterday traded with good volume, any BO above 925 level will be good for stock till 1020 levels, volume need to increase.
Voltas taken support at 61.8 % of Fib retracement. This should be good accumulation point and should move further 38.2% and 23.6 % of Fib's Good stock for buying at dip
Looks like voltas is breaking out of 8 months range, with forming a triangle breakout pattern with a good potential upside in near term.