VOLTAS trade ideas
Time to aquire Voltas!!!!Voltas is at its ultimate support level. Buy it off and see It reaching higher highs.
Voltas is trading near support zone at day time frameVoltas is trading near support zone at day time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Voltas_ShortVoltas CMP 1030 is looking weak n moving in range of 50 points...Can slide further to 980 levels in coming days...View invalid if closes above 1095
[HP] Voltas Short IdeaRefer the chart.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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VoltasBuy above 1056 with the stop loss of 1048. Targets are 1064, 1072 and 1080.
Sell below 1046 with the stop loss of 1052. Targets are 1038, 1030 and 1022.
Don't miss this Traaaaade^O^.Just take it.
You can also close this trade at 1120.
but i wanna see it at 1250 and above it.
Thanks to her(will post her trade link below) for sharing thus trade idea.
Swing trade on Voltas! Possibility of new swing...As per chart taken entry at 1040 and exited on 1080....swing on 3.8%.
Now charts also showing new swing. It's just for educational purposes.
Thank you :)
[Diary] Voltas Classic CnH PatternFrom William's O Neil's book.
PS: I will not take this trade myself. Its mere archival for me. But the setup is valid. You can take it with SL.
Refer to the chart.
If it gaps up, wait for the gap fill.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
VOLTASThis stock is been in uptrend since a year. Now it has been retraced a few days back and took the support of 30 sma and after days of consolidation it has closed above 15 sma and ready to fire. Volume chart is also looking good. Buy above 1058, SL- 1033, Target 8 to 10 %. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Voltas: Thanda Thanda Cool CoolIts Summer Time and AC/ Cooler Companies are on fire. VOltas has posted a very good set of numbers for Q3....with summer expected to be one of the hottest in India I think time for Voltas also is coming
