Stock broke its major price support around 500 levels a month ago and same levels are now acting as resistance for the stock. 200 week Moving average also coincides with the price resistance. Only decisive break above this stock can bring a up-move in the stock, till then bearish view in the stock stays intact. Next support for stock comes around 440- 425...
Voltas can test 403 levels a Doji on weekly though sign of trend reversal could be short lived a perfect buy candidate at 390-400 Zone keep on radar. Sell Below 462 SL 476 Traget 405 Buy Above 493 SL 459 Target 535
Bullish GARTLEY TYPE 2 Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL Now with confirmation from a BULLISH CANDLE with RSI above 30 POTENTIAL BUY
Bullish GARTLEY TYPE 2 Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL Now with confirmation from a BULLISH CANDLE with RSI above 30 POTENTIAL BUY
Voltas forming Bullish Gartley pattern. The pattern is not complete yet. forming D leg. Just watch.
Voltas had given a successful breakout above 650. Currently it has retested the 650 level and is ready to move up again. I will add 50% of my desired quantity when it shows a closing above 20 DMA and remaining on 20 and 50 DMA crossover with a strict SL of 650 on closing basis. Do your due diligence before taking any position. Consult a certified professional...
NSE:VOLTAS CLOSING UNDER 690. SHORT IF SUSTAINS UNDER 685.
Looks like textbook Wyckoff's distribution. If true, Phase D and E are not very far away!
Voltas - Ready to short below the trendlines If hits SL then Buy for a target of 45 points
VOLTAS AT ITS RESISTANCE AT THE TOP OF CHANNEL Weekly and Daily charts are bearish. SL:- 706, Target :- 590 , CMP:- 678
NSE:VOLTAS Buy limit at 589 with SL at 585.30 and three potential targets mentioned Note: Please Consult Your Financial Advisor Before Taking Any Decision Always risk 1% of account size per trade, adjust the position size accordingly
in the 15 mins time frame we got it , neck line needed to be breaked
Voltas - Its within Bullish BAT Formation. Waiting for price to come into PRZ i.e. the marked zone. Will have to check Price action in PRZ to initiate longs. Looks like we might get a good long on this one