Voltas Ltd is showing buying strength Voltas Ltd is showing buying strength and forming Demand zone as marked. It has broken from the channel and now we can expect upside. It can generate good returns in short term or one hold for long term. #voltasLongby TradeForReward5
Voltas- triple bottom near 750 & cup pattern breakout above 830Voltas- triple bottom near 750 & cup pattern breakout above 830 today with huge volume on weekly and daily chart as well with full bullish marubozu candle on daily chart. Rsi above 60 & RS on hourly chart are positive signal. Buy above 852 ( or retracement near 830-835) Sl 819 Tgt 866-869-903-925 ( 20-30 days positional) Longby mm0425311
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. Longby sandipdutta19833
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.Longby yaashulUpdated 2
BREAKOUT, VOLTAS LTD, 62% RETURNS!!!BUY - VOLTAS LTD CMP - Rs. 819 Target - 1: Rs. 1050 Target - 2: Rs. 1319 . Timeframe - 6-9 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshgupta3
Voltas has given breakout from the downward sloping channel @780On the daily charts , after forming double bottom , it has moved out of the downward sloping sloping trendline ,this suggests it can retrace the previous down moveby bhavnaUpdated 2
Bullish Momentum expected in Voltas #Voltas Voltas weekly if closes above 800 we will see good momentum. Targets 928/1111 SL 780/740 Results are on 3rd Aug which may act as a trigger point for uptrend. SETUP: - Weekly RSI Divergence. - DOuble Bottom pattern at support. - Breakout of down trendline. - Monthly trendline support.by adityapatidar1
Voltas Breakout Analysis Stock has given BO after a long gap, a swing trade option is predictable as per levels mentioned.Longby subbu_19151
#Voltas cash : Short term tgt 860 & Positional ?#Voltas cash -Positional call 01.Aug 2023 Looks good above 805 Tgt 855-860/940/1040 SL 750 Positional tgt 1040 .. safe above 860 closingby anandnst113
Voltas- Great BuyVoltas is a buy at current levels but should be bought in tranches only. Results are expected in couple of days so ideally one should wait for weekly closing for making any entry. It can move towards 1350 levels. Movement will be slow and tough since multiple resistance at 1100 and 1200 levels. SL can be 715 on WCB.Longby Chartworld15
after good consolidationhigh potential stock go up after good accumulation ready for good up moveLongby Harish88711
voltasa daily trendline and weekly support shown in the chart a daily closing above 800 can give it momentum on the upside target 1 2 3 and more can be achieved by bhadralakshmi1
Voltas Monthly chart ata very good support and RR is favourableHello Traders, Voltas monthly chart has formed a hammer and the previous covid time high which was acting as resistance is now acting as support. The setup is one of the best RR wise. The target is more than 1:3. Please make your own decision and the view i shared is for educational purpose only.Long02:43by Pritamdas290
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... Longby LBilgirUpdated 2
Ready to fly !!!Voltas touched the strong support level with falling channel pattern. Previously its gave nice pullback at this level. Volumes also seem to be good. T1 will be 930. wait for breakout. Trade based on your own analysis. Only for educational purpose.Longby Naveenpothiraj119
Voltas swingVoltas price action almost breaking the descending trend line. If trend line breakout happens with good volume can easily give good returns in short term. Also from long term perspective Price of Voltas is near Pre-covid high and right now price is taking support at long-term trend line stock had corrected more than 40%. Fundamentally also company is good and promoters are one of the best in the marketby sourabhsinghal78334
Voltas ltd keep on radar for breakoutVoltas ltd keep on radar for breakout it will take a week time to breakout .by dcpandey0849
Voltas Voltas is all set for 850+ in august Stock has consolidated big one can by with sl 755 option buyers 800 ce hold till 14 augLongby nitishsh9991
VOLTAS TARGET 1400In Voltas, presently accumulation having by BIG players. So it is presently trade in wave 2, which is consolidated since long term. this is good time for accumulation of voltas & target should be 1400 by pnjakh19847
Bullish signal after 752Full bullish Compression zone….running After breakout blast move Be ready Entry 752 Target 922 by gddass12
Voltas Double BottomVoltas is at a major support zone forming double bottom. This chart is for educational purpose only.Longby universalteacher115
Voltas Analysis on Daily TimeFrameIt is Triangle Pattern. Also Voltas Give Q4 Result Below Expectation Short entry can be triggered for Short-term ViewShortby Aadish03Updated 1
Bulish for investment voltasVery good volume suggesting something is cooking, Best buy around 750/740 levels, I think this stock is surprise for street on up side slowly acumalation AdviceableLongby MurtazaLokhandwala1