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.
VOLTAS trade ideas
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%+
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+.
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.