Voltas Fut brokt above ascending triangle pattern & strong upper resistance of 845 with decrease in OI suggesting strong short covering on an hourly chart.
Very good Risk:Reward Ratio 1:4
Could be bought with mentioned stoploss & target.
Not to be missed breakout.
VOLTAS FUT is on the verge of breaking past triangle pattern on an hourly charts with decent OI bbuild up.
Risk:Reward very much in favour of bull.
Could be bought with mentioned stoploss & target.
voltas fut broke above upper bollinger band on WEEKLY tf as well as maintaing trading & closing above VWAP levels on daily basis with decent OI.
Risk:Reward is 1:4 very much in favour of bulls.
Could be bought & hold for Sept series with mentioned stoploss & target.
Voltas fut broke out of long descending triangle on daily charts with good OI build up as well as very good R:R Ratio.
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
VOLTAS FUT made rounding bottom pattern on an hourly charts with good OI build up.
Could be bought with mentioned stoploss & targets.
Note: those who trade in cash segment adjust stop & target.
The stock is likely to go up... the chart is looking good. and risk reward is self explanatory . one can go long based on this .. this is what i call a minimum projection of price might touch. targets SHOULD ALWAYS flexible but have a tight stop loss.
Huge Sell off in the Voltas Stock has been Seen, Also Stock has seen Pattern Break down, I am Bearish on the Stock, Will be Selling Voltas Future Below 925 For Targets of 900 And Stoploss 940
#VOLTAS today break out our retracement level 1210-1240
we can go buy above 1240 and tgt 1270 and posistional tgt 1320
once trade below 1210 level, it will move lower level
comming trading session.
Reasons and indicators to buy:
-RSI above 60
-Possible MACD Crossover (Possible...)
-Higher volume since the past 5 trading sessions (not significant though...)
Let's see what happens
Nifty View: Hi good evening traders … we are on the evening of 26th of August 2021, fairly muted session for the nifty specially keeping in mind that we had the expiry of derivatives contracts today, up by just six points on the daily timeframe. We now have consecutive to spinning tops and on a day on day basis you can see lower high and lower lows, this is not...
