Voltas is currently in a falling wedge pattern from which I expect an upside breakout in the next week or so. This trade should be an upside to about 820-830 by the end of this month.
We can buy the stock at current market price for around 5% target SL is just 12points
Weekly Chart Analysis. Forming Cup and handle. Needs to watch closely for next few days. If break out above resistance Will bring levels of 1070 and 1140.
Daily Chart Analysis. Forming Cup and handle. Needs to watch closely for next few days. If break out above resistance Will bring levels of 1070 and 1140.
Voltas can be a good buy at these levels keeping in mind the upcoming hot summer season. Talks of Extreme Heatwaves in India are showing up on the headlines these days, making it a serious matter of concern, but don't worry Voltas is here for us with their all-weather Ac.
VOLTAS weekly chart has exhibited a typical support turns resistance price behavior in the 920 zone. The stock took support in this zone in Apr'21 and again a couple of times in May'22. It finally left this zone toward the down side in Sep'22 only to bounce back against the 920 support zone six months later in Mar'23. However, this time the 920 zone has turned...
In the Weekly Chart of VOLTAS , we can see that, it is converted from down trend to Up trend. It is holding strongly at 200 EMA. Since 920-930 levels have been tested multiple times, we can see a further up move in coming weeks. Go Long for VOLTAS.
break 856.7 and fly but before that recon we pullback to 833.6-834 not trading this , request chart basically reclaim 200 ema on the H4 then fill the gap to 200 ema on the daily
About Company:- Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment. Technical @ Fundamental Analysis:- We have seen falling trendline breakout...
Voltas view for 22nd Feb Wednesday Breakout already happened in Voltas. Again upside view above 902 if sustain then Charts for Educational purposes only Please follow strict risk reward and stop loss if you follow my level Thanks, V Trade Point
Voltas Ltd was on our radar for upcoming week bcs RSI and trend line make breakout but we wait for resistance (most imp) breakout. A good buying volume also see in it. Buy it above 861 Target 880 910 930 965 Sl 830
In the Weekly Chart of VOLTAS , we can see that, finally we saw a recovery in W shape. let it retest and then plan to enter with SL. Go Long for VOLTAS.
be ready for bullish breakout happen to be ready for comment me stock analysis
Voltas recently broke a trendline. And it has been a range for some months if it breaks and sustains above it we can go long. I'm taking an entry at 825 SL 787. Watch out for 200 EMA which can act as a resistance breaking that can be another confirmation of this swing trade. if it takes rejection from the 200 EMA trail your SL or book your profits. For more...
Voltas view for today 6th Feb Descendin channel continuation expecting in Voltas Please follow strict risk reward and stop loss if u follow the level Thanks, V Trade Point
Voltas CMP 788 SL 770 Above 815 targets 830/860/900 Positional/Swing
1 week chart In this chart all the Resistance and Support zone are drawn in the chart may we get some ideas to take trade in this stock.
we are on short side zone in voltas daily time frame close need to maintain below our red zone