VOLTAS trade ideas
#VOLTAS CASH : LOOKS GOOD ABOVE 650.10#VOLTAS CASH
02.09.2020
LOOKS GOOD ABOVE 650.10
& DIPS 646-647
STOPLOSS 642
TARGET 658-660/668-670
CMP 642.50
2 SEPTEMBER VOLTAS SHORT SELLDisclaimer : We Are Not SEBI Registered.
All Information On Chart Are For Educational Purpose.
SELL @635 SL 640
TGT 618,610++
VOLTASNSE:VOLTAS
The way it has broken the support, it seems that it has the scope to go down to 618-620.
The stop loss here is anyways deep, levels around 645 can be good to take position, else wait n watch is better.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Voltas short only below 630 for target 600Voltas short only below 630 for target of 600
SL currently at 650. To be trailed with falling kijun
Bullish momentum should resume in voltasExplained in charts..
Disclaimer... not a trading/ in vesting recommendation
LONGStock recently broke the MA 200 after consolidating.
Seems to be taking support at breakout area which is also near MA 200.
Might be a good long opportunity !!
VOLTASAgain those midlines.
Now we have a weekly uptrend. The channel has a midline. The prices have breached it once, bounced off it and have closed below it on Friday (8th Aug,2020).
Stay away from buying until a proper signal is seen. Shorts eager to enter must mind the measured move is yet to trigger.
VOLTAS Trade SetupVoltas forming setup which seems in the same supply zone , Results coming up on 14th , Govt has imposed more import duty on electronic items , Acs forming the main business is having bullish impact, As per speculation Voltas Set to report mixed Earnings . However we can go long on VOLTAS at this level and buy at lower levels (50%) if it reaches level at support level .
All analysis is for educational purpose only , do your analysis before investing
