Voltas Breakout Analysis Stock has given BO after a long gap, a swing trade option is predictable as per levels mentioned.
VOLTAS trade ideas
#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 closing
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.
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
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.
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...
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.
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 market
Voltas ltd keep on radar for breakoutVoltas ltd keep on radar for breakout it will take a week time to breakout .
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 aug
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
Bullish signal after 752Full bullish
Compression zone….running
After breakout blast move
Be ready
Entry 752
Target 922
Voltas Double BottomVoltas is at a major support zone forming double bottom.
This chart is for educational purpose only.
Voltas Analysis on Daily TimeFrameIt is Triangle Pattern. Also Voltas Give Q4 Result Below Expectation Short entry can be triggered for Short-term View
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 Adviceable
Voltas good support bullish from hereVoltas Limited is a leading air conditioning and engineering solutions provider in India. When assessing the bullish potential of a stock like Voltas
Buy analysis on voltas currently voltas is looking good for swing , as result week is ahead , it might go up to 820 levels,
Disclaimer- only for education purpose
Voltas - Looking Good for swingVoltas - Looking good
On daily time frame have good support.
Above 20 EMA
Supertrend also Bullish.
Inactive Below 745.
Immediate targets-780-800-820
Good to Trade in cash and Futures
Enter in options only after breakout of 780.
For Education Purpose only
VOLTAS - Weekly AnalysisIn the Weekly Chart of VOLTAS ,
we can see that; it is at make or break situation.
Possible momentums are shown in graph.
Wait for next week & then take you trade as per your Risk Ratio.
