VOLTAS trade ideas
VOLTAS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
[Intraday] VoltasIf the market is positive and trending then can give breakout or else it will again trade in a range.
Trade according to market direction.
Voltas Near Support Zone-Breakdown?Symmetrical triangle formation.
Trading near support 530-535.
If broken then next target is 516.
Bearish Crab Voltas Daily chart Currently voltas trading at 545 approx..
Target 1 491.45
Target 2 449.75
Nature of crab pattern.
Price have tendency to test PRZ second time
best time to sell between 580-570
Once trade is initiated Trailing Stop loss is recommended
Expecting 8% correction in voltas Gap is still unfilled, expecting a correction of 8 to 10%
CMP 539
SL 550
Target 490
Expecting Voltas to correct to 490 levelThere is potential gap expected to get filled which is at least 8 to 10% correction
CMP : 543
Sl : 550
Target : 490
VOLTAS | BEARISH PATTERN | Descending TriangleFor the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
Cup & Handle pattern forming on Daily chart of VoltasCup & Handle pattern on Daily Chart of Voltas
Entry 1 - 570,
Entry 2 - 586 on breakout
SL - 520
Target - 720
* I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Synergistic Pattern: Advance pattern (W + Flag) + 'W' within 'W'Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
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Early entry: 550
SL: 530
Target: 650
RR: 5.0
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Voltas Trade Setup & Elliott Wave Count !!TREND ANALYSIS & TRADE SETUP
Elliott Wave Analysis.
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
