VOLTAS LTD continues the strong run 10th straight green candle in a row Last dip held by 200 DMA
if voltas break 1270 then will touch 1340 . please check level for more details
Refer to chart for targets followed by a breakout on either side.
The stock price is trying to come out of a 7 months consolidation period. It appears to be ready for next leg of rally. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Another way to analyze such formation is shown in the below image - do check it out as well. ...
Dear trader, If u look at the chart of VOLTAS (analysis based intraday only) the VOLTAS Buy at 1030 and Target at 1045 Best Buy at 1025. Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can...
Breakout already started good momentum to continue.
returning from downward trend converging moving averages about to break previous high
H I G H R I S K T R A D E DATE: 09 MAY 2021 INSTRUMENT: VOLTAS LTD TREND: BUY TIME FRAME: DAY CMP: 969.60 BUY ABOVE: 993 - 1000 STOP LOSS: 954 TGT 01: 1047 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Looking Bullish now and Heavily Bullish above 1122 All the key levels are mentioned in chart with Stop-loss and Targets Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Voltas Looking Bullish, above 965 can give good move in upside
VOLTAS has given Breakout in Daily time frame, it looks Bullish, All the key levels are mentioned in chart with Stop-loss and Targets. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow...
The above analysis is done purely on basis of chart patterns and price action. The analysis is done in live market on 60 min TF hence target can be achieved in intraday or in a couple of days. Trade logic with, entry strategy, SL and Target is explained in image itself. Check the formation of Bullish Head & Shoulder pattern in 30 min TF - linked below Don't...
Stock was falling for the past 10-12 days which was ended by yesterday's green candle. It made a morning star pattern. Confirmation came after today's green candle. It was formed at good support level which was coincidently also 50% retracement of the last move.
It seems that a strong reaction was formed at these current price but it also not ruled out that if price trades below the first upper red line then the first target can be the second red line and then the Black line !