Trade ideas
Voltas Near Support Zone-Breakdown?Symmetrical triangle formation.
Trading near support 530-535.
If broken then next target is 516.
Bearish Crab Voltas Daily chart Currently voltas trading at 545 approx..
Target 1 491.45
Target 2 449.75
Nature of crab pattern.
Price have tendency to test PRZ second time
best time to sell between 580-570
Once trade is initiated Trailing Stop loss is recommended
Expecting 8% correction in voltas Gap is still unfilled, expecting a correction of 8 to 10%
CMP 539
SL 550
Target 490
Expecting Voltas to correct to 490 levelThere is potential gap expected to get filled which is at least 8 to 10% correction
CMP : 543
Sl : 550
Target : 490
VOLTAS | BEARISH PATTERN | Descending TriangleFor the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
Cup & Handle pattern forming on Daily chart of VoltasCup & Handle pattern on Daily Chart of Voltas
Entry 1 - 570,
Entry 2 - 586 on breakout
SL - 520
Target - 720
* I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
