Voltas is approaching the breakout zone above then level of 1063 invalid below 1020 target the level of 1140/1220
Voltas is Ready to move till 1300 should be in watch list
showing golden cross over closed above 835 target would 935 stop loss 800
above 900-950 close basis forming c&h pattern which will lead upside level as per fibonacci level strong bullish
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...