Voltas on a good monthlya support and also on ^1.8 fibbonacci levels.. A ver high R:R trade is possible from this level.
Bouncing back from 1/1 and monthly 5 MA over 20 MA is almost there huge monthly volumes coming in after 4 months. Weekly 200 MA breakout with a bullish Marubozu 1100 is the near term target
Voltas has broke its 1 year resistance level with high volume and price. its a positional or investment idea with high returns and low risk. Try to get at the support level entries and target is as per the chart giving 1:5 returns.
TARGET AND SL IN CHART FUNDA Market Cap ₹ 31,603 Cr. Current Price ₹ 955 High / Low ₹ 955 / 737 Stock P/E 104 Book Value ₹ 173 Dividend Yield 0.46 % ROCE 9.67 % ROE 4.42 % Face Value ₹ 1.00 Promoter holding 30.3 % EPS last year ₹ 4.08 EPS latest quarter ₹ 1.11 Debt ₹ 555 Cr. Pledged percentage 0.00 % Net CF ₹ 133 Cr. Price to Cash Flow 198 Free...
Stock on a crucial weekly range After forming a shortfall in the area of confluence around POC and Discount Zone If the stock sustains above 950 in the end of week, it is expected to give a very good rally upside
20-Dec-2023 - Voltas - Multi-Bullish Patterns Weekly - I can see atleast 3 Bullish Patterns 1. Rounding Bottom BO done above 928, Target 1117 2. Double Bottom around 740 levels - Target 1050 3. Bullish Ascending Triangle - BO done Predictions become accurate when multiple patterns work In-Sync.
F&O stock:- Voltas symmetrical triangle pattern breakout daily with huge spurt in volumes for swing target of 914 and 938.
VOLTAS LTD near about to give symmetrical triangle chart pattern breakout today dynamic volume zone breakout done with strong bullish candle and gud volume bar can play for swing trade with prefered RR.
Price forming a VCP pattern near support and around 50% fib in weekly timeframe. Long after 890 will be activated with TP1 and TP2 to cover the gap in daily timeframe.
Voltas Ltd. CMP – 843.65 Market Capitalization Rs 27,915.1Cr Red Flags:🟥 High Valuation (P.E. = 139.9) Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Previous Happy Candles Number – 41/100 New Happy Candles Number – 41/100 Fresh Entry/ averaging /...
Analysis is purely based on Trendline basis and oversold condition
Voltas share daily time period complete wave 1 upside wave 1 internal 1,2,3,4,5 and wave 2 come down 62% Wave 1 wave 2 internal a,b or c Wave 3 side upside . Wave 3 target 1.68% wave 1 mean cross wave 1 high Wave 2 internal 0-b trendline not breakout . but Wave C internal 1,2,3,4or 5 downside 2 or 4 trendline breakout
Voltas - Elliott Wave Count It appears that the market correction for Voltas has come to an end, and we can anticipate another upward impulse wave, provided that today's low remains stable. Anyone who opened a short position based on our previous view should consider closing it. However, if the market falls below the current low, the previously mentioned view...
Voltas - Elliott Wave Count Voltas - The market appears to be in correction. it seems that Wave B is completed so the price is expected to decline with wave C. wave c target 830 to 825 range and consider 888 level for invalidation to this view. Once the ABC correction is completed we can expect the next impulse up move. Please note that this information is for...
Voltas is reversing from the 61.8% Fibonacci Retracement levels of the previous swing in Monthly Timeframe with a Double Bottom and Bullish RSI Divergence which is a very Bullish pattern. Daily timeframe shows a price compression too. Once the Monthly candle crosses above the Trendline, can look for the marked SUPPLY LEVELS as target levels. Bottom fishing with...
It's time to BUY VOLTAS. Wait for the weekly close above 913. Immediate targets will be 1051 (15% upside) and 1317 (44% upside). within 4-6 months you can gain up to 44%. All of my given trades have been 100% successful. Don't you believe it? Check my all published charts! Please comment if you have any queries.