Get started
VOLTAS LTD.VOLTAS LTD.VOLTAS LTD.

VOLTAS LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

VOLTAS trade ideas

Best the heat with Voltas Voltas Ltd. engages in the provision of engineering solutions. After a consolidation of 6 months, it has given breakout of weekly and daily timeframe trendlines with good volume. It has tested it's nearest supply and formed indecision candles. On weekly timeframe the running candle is healthy and if tomorrow price sustain at same or higher levels, it will confirm the beginning of it's upside journey. Agressive traders can buy at CMP or near 790 and safe traders can wait tomorrow for weekly candle closing and can buy on Monday if weekly candle is healthy. SL will be swing low. Follow your risk management. Happy trading :)
NSE:VOLTASLong
by ProPriceActionTrading
2
VOLTAS LTD WEEKLY AND DAILY CHARTS BREAKOUTVOLTAS LTD WEEKLY AND DAILY CHARTS BREAKOUT :: DATA POINT :: Breakout Point @832.00 ( If break this price and close then go for LONG) Target Point @934.00 Stop Loss Point @799.00 *** If Price Close above @832.00 (Resistance Level) *** Another Resistance is a EMA 200. If Price will Breakout and moving above EMA 200 then go for LONG with Double confirmation. ** Initial Target @866.00 (Another Resistance Level) All Traders keep tracking VOLTAS LTD.
NSE:VOLTASLong
by sandipdutta1983
Voltas' Monthly Chart: Support, RSI, and Short-Term Bounce PotenIn this post, we will conduct an analysis of Voltas' monthly chart, focusing on the support level, RSI indicator, and the potential for a short-term bounce. By examining these technical aspects, we aim to provide insights into the stock's current situation and the potential for further upside movement. Let's delve into the analysis and explore the situation. Chart Analysis: Upon reviewing the provided TradingView chart for Voltas, we can observe that the stock is currently at a support level on the monthly timeframe. This support level indicates a price level where buyers are expected to enter the market and potentially lead to a bounce in the stock's price. RSI Support: In addition to the support level, we can also observe that the RSI (Relative Strength Index) on the monthly chart is showing support. The RSI is an oscillator that measures the speed and change of price movements. When the RSI reaches oversold levels (typically below 30), it suggests that the stock may be undervalued and due for a potential rebound. Short-Term Bounce Potential: Based on the support level and the RSI indicator, there is a possibility of a short-term bounce in Voltas' stock price. The bounce could potentially drive the price up to around the 900 level. This level may act as a resistance zone and should be closely monitored for confirmation of a sustained move above it. Further Upside Potential: If Voltas manages to sustain above the 900 level, there is a potential for further upside movement. A sustained move above this level would indicate a break of the resistance zone, suggesting a positive shift in market sentiment. Traders and investors should closely monitor the price action and volume in this region for confirmation of sustained bullish momentum. Risk Management: To manage risk, it is important to set a stop-loss level. In this case, a suggested stop-loss level of 685 is recommended to protect against potential downside moves. Setting a stop-loss allows traders to limit their losses and protect their capital in case the anticipated bounce and upward movement do not materialize. Conclusion: Based on the technical analysis, Voltas' monthly chart indicates that the stock is currently at a support level, with the RSI showing support as well. This suggests the potential for a short-term bounce, with a target around the 900 level. Further upside movement is possible if Voltas manages to sustain above this level. However, it is important to closely monitor price action and volume for confirmation of sustained bullish momentum. Traders and investors should consider these technical factors along with other fundamental and market-related information before making any trading decisions. It is advisable to consult with a financial advisor or conduct further research before making any financial decisions. Disclaimer: The information provided in this blog post is for educational purposes only and should not be considered as financial advice. Trading stocks involves risks, and past performance is not indicative of future results. It is advisable to consult with a financial advisor or conduct further research before making any financial decisions.
NSE:VOLTASLong
by yaashul
Isn't Voltas looking for a bull run from here?Whatever is the story of recession in the markets but no doubt this Voltas is looking good for a value buying from here. Check the chart its almost about to finish its 2nd wave and most likely will or should start its 3rd wave up very soon. Best place to go for it is around 660-665 which is 61.8% retracement of the whole leg from year 2020 corona lows till its ATH. Since this is weekly chart you need to be bit careful with your entry. Worth to notice is that there are bullish divergence already developed in the stock ahhh and that too on weekly chart... Lets see how it plays out from here...
NSE:VOLTASLong
by LBilgir