Voltas looks good for Pullback Voltas after breakout looks good for target 900 SL below 795
This analysis is based on time and trendline analysis
VOLTAS trade ideas
VOLTAS TRENDLINE BREAK AND RETESTVoltas broke dynamic trendline with volumes
Currently retesting the the horizontal as well the dynamic trendline
Seems any dip can be treated as a buying opportunity
Good RR for near future
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intradayboth side potential but I am interested in long side
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Voltas at resistanceVolas has closed near the resistance level of 850 with huge volume. Above 850 stock might head towards 1000 level after giving a pullback.
Voltas Opportunities :
Positive Breakout Second Resistance ( LTP > R2)
RSI indicating price strength
High Volume, High Gain
Strength :
Company with Low Debt
Strong cash generating ability from core business -
Improving Cash Flow from operation for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Weaknesses :
MFs decreased their shareholding last quarter
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of shareholder funds - ROE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Decline in Net Profit with falling Profit Margin (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Declining profits every quarter for the past 3 quarters
Declining Net Cash Flow : Companies not able to generate net cash
Major fall in TTM Net Profit
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
Swing tradeSeems Positive price volume breakout buy at current price level ,Sl any candle close below current candle
VOLTAS - Ending Diagonal breakout - 25% upside potentialWe can see that VOLTAS has formed an ending diagonal pattern at the bottom and trying to give breakout with good volumes with new higher highs and higher lows.
We may see an upside move towards 1000-1050 range in 1-2 months.
SL: Daily candle close below 800 levels.
intradaybuy above 834.
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
VoltasVoltas at resistance if break may go up to 900
Chart looking good in weekly time frame forming morning star pattern in monthly chart.
Trading near strong support 800.
Voltas for trading Please note this is for education purpose only. Please do own research before you take a trade.
VOLTASKey highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of channel pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 930.
✅Can Go long in this stock by placing a stop loss above 786.
✅ breakout this can give risk:reward upto 15%+
VOLTAS LONGVOLTAS LONG
Expecting upmove from current levels, from support levels.
TGT - 1015 in near term
No recommendation , just view.
Falling wedge pattern breakout in VOLTASVOLTAS
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 925+.
✅Can Go short in this stock by placing a stop loss below 785-.
✅breakout this can give risk:reward upto 1:7+.
intradaytake entry after 10 am
wait for the entry . important zones are marked
follow risk management and control your emotions
In demand zoneSimply drawing two trend lines on a log chart gives us a clear demand zone. It has been working for the last 22 years. Price is again in that region and testing the patience of investors. Will it start a new trend, only time will tell. Hence it is the time to study business fundamentally.
#Voltas cash : Looks good above 825.10#Voltas cash -Positional call
08.01.2023
Looks good above 825.10
Stoploss 810
Target 844/874
Cmp 814.55
consolidation in small rangestock is consolidating from 7 days . it will give a massive breakout so you can enter on breakout or taking rejection from upside so both side potential . intraday , 15min , follow your risk management
VOLTAS DIT SHORT TRADE IN 15MIN TIME FRAMEPrice come from daily timeframe supplyzone to daily demand zone.
Intremediate timeframe (75min) trend is down.
take short trade in 15min timeframe have an achievement.
entry-783.70
sl-788.30
target-769.80
