VOLTAS trade ideas
VOLTAS LOOKS GOOD TO BUYThe stock has taken support multiple times from the blue line and again it formed a Hammer candle near the support line. One can open a Buy position if it sustains above 1047 until 1020 is intact on the downside.
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voltas renew 😂for educational purpose only
1000 might be new swing low
stop must be below 970 1 hr candle close below level
just wait for rs to break and 50 ma resistance become support
volume indicating that no volume mean consoldation taking place
new opportunity might take place
i will make entry again if above condition satisfy
as in day chart 50 ma giving support
🆒 VOLTAS 🆒
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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