VOLTAS trade ideas
#BUYVoltas #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 bouncing from strong support!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.
VOLTAS - Coming out of consolidation after retestThe 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 is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Voltas: 43% upmove possible-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 C&H BREAKOUT ON WCBVOLTAS breaking c&h on #weekly basis
huge volume and good rsi
#target1 1100
#target2 1340
educational idea
VOLTASVotas crossed neckline of head and shoulder pattern with much volume. Price First target 975 and Target second is 1075.
Voltas- Box breakout done but at resistanceVoltas- 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 ClosingVoltas-- Positive Closing
1) Trendline Breakout
2) Multiple weaking trendline
3) VCP
Voltas Breakout : Looks good.Voltas breakout and triangle pattern. Looks good and this is my study and not an suggestion to buy or sell.
Voltas BO Zone Analysis 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 looking good for a buy at DipVoltas 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
Voltas 8 months range/triangle break out Looks like voltas is breaking out of 8 months range, with forming a triangle breakout pattern with a good potential upside in near term.
VOLTAS - A Risky BetThis stock has been underperforming with below expectation results. But with the technical indicators turning positive, one can take a risky bet on this stock. On the technical indicator, MACD line is crossing over the Signal line on weekly charges. Further, 20 DEMA is crossing 200 DEMA on daily charts indicating bullish trend in the short run. Further, there is rounding bottom formation on the daily charts. One can enter at 850 - 860 with a Strict Stop loss at 811. Look for short term target of 880 - 900.
Voltas - Very Bullish above 874.85
874.85 is the crucial level for Voltas as marked on the chart. Above it, game is on a major move is expected. But, do not get exited. Please the price settle above it then only we will take a call.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
VOLTAS -Long price broke out of rounduing bottom breakout and price is retesting the breakout level with a
sharp bounce from 18 day EMA
Voltas - Update
Position to be maintained unless 834.85 is breached. Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
VOLTAS : Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Triangle Pattern
📌 Symbol/Asset: VOLTAS
🔍 Description: Stock is in a Ascending Triangle Pattern.
Prices should cross 910-920 for further upside.
If stock not able to cross the resistance then we can see fall upto 770 levels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Voltas - Stock to buy
After making all the study regarding Elliot Wave and other relevant analysis, to make things simpler for all of us to understand, I have put just two green Horizontal lines and plotted my indicator based on daily volatility. Stock Price is above pivot shown by white thick line.
1. The upper Green horizontal line is providing resistance right now.
2. The lower Green Line is of course support.
3. White thick line which you can see is the pivot line and the stock is above that pivot line for the last 4 hours.
4. The stock has completed its upwards movements 1 to 5 and downwards movements of 1 to 5 and after so many years, it is ready to go up. Yesterday's time candle of 3:12 p.m. is providing support.
Your comments will make us all better and better. Please contribute and ask any of your doubts/ questions by way of comments, may be in Hindi or English, I will try to answer all of your valid queries. This is the only way we can learn.
Disclaimer: I am not a SEBI Registered Analyst, it is just for educational purposes, please consult your financial advisor before making any decision.
