Triangular chart Breakout to occur.. Looks Bullish.. Details in the Chart..
Breakout after base formation. Above all DMAs (21, 50, 200)
As we see it has given a breakout now wait for today's candle to close amd trade accordingly.
Voltas concluded today's session with 2.27% gains but it failed to break the strong resistance (it has retraced about 4-5 times for there) around 1275.3 levels Points to note: 1. Voltas has strong resistance at 1275.3 levels. Strong support is present near 1158 levels. 2. Daily RSI is showing positive divergence against price indicating a further bullish...
VOLTAS- Daily Time Frame Voltas recently gave breakout from Descending Pattern on the upwards side and is recently trading around its multiple times tested resistance, so risk-averse can take entry after it is taken out for the mentioned targets.
triangle or trading range breakout , its two pattern breakout buy for intraday trade only .
VOLTAS stock is uptrend with good accumulation. Cmp is 1270.90 Best discounted price to buy 1200.5 Target 1:1306.25 Target 21:1349.85 Target 3:1475.85 Please consult your financial advisor before investing in this stock.
Trendline broken, right now near resistance zone. Vol spike seen, wait for close above R zone
Buy Quality stocks which shows good signs of reversal even in weak market. Wicks at lower body of candle near supports zone says that buyers are intact.
Patterns have been in use for as long as technical analysis have existed and are working today also, traders all over the world try to find patterns in chart to anticipate the possibility of the next move for any Index or stock. Pattern have a reason for working this greatly because all the patterns have an underlying psychology behind it and all these are driven...
Near resistance, taken support on previous resistance ATH possible
Explained the analysis on chart Enter if sustains above 1259 today SL @1259 FOLLOW FOR MORE IDEAS. LIKE AND COMMENT WHAT YOU THINK ABOUT THIS.
#Voltas cash -Posiitonal call 02 Jan 2022 Looks good above 1231 stoploss 1215 Target 1248-1250/1268-70 Cmp 1220
Voltas Looking Bullish for short term concentrate if price sustain above 1255
Awaiting breakout.. if doesnt then fallback to the channel or build up a breakout move again..
Look at the Voltas showing good sign of going up. Trade with proper stop loss. *NOTE We are not SEBI registered Analysis is shared here is only for educational purpose. Please consult your financial advisor before any trade. We are not responsible for your loss.