The chart provided is of Voltas Ltd (VOLTAS) listed on the National Stock Exchange (NSE) of India, on a weekly timeframe. Here’s a detailed analysis and summary: 1. Trend Analysis: - The stock was in a consolidation phase from mid-2021 to early 2023, trading in a range between approximately 1000 and 1300. - Recently, the stock has shown strong bullish...
As per my analysis, NSE:VOLTAS is ready to move again on upper side levels. 790-793 is best buy level with stop loss of 935 (-55 Points Risk). My expected upside target would be 834 (+44), 865 (+75) & 902 (+112). This could be low risk and reward opportunity. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
voltas cmp 448/440 with sl-420 upcoming target upside - 700-740 holding till 30-sep-2020