Likely to hit upper targets in a few days. Rising RSI Rising momentum Good volume Strategy supporting BUY position and hold till Target 4. All the best.
After long time break out and good volume This is not buy and sell recommendation
The temperature is gradually increasing, and there is a share that is even hotter than the temperature itself. I am referring to VOLTAS LTD, which has provided more than a 50% return in just the summer period. It is currently approaching the resistance level of the monthly chart. Did you add this for another month?
The heat waves are running all over India, Voltas May be the beneficiary. Please ignore the chart earlier published. This chart is on weekly basis and with all counts in place.
forming C&H pattern resistance 923 support / low 733 expected level as per fibonaci retracement level Revert for expected level
OLTAS breaking major resistance levels and also witnessing a falling trendline breakout on the weekly timeframe
Voltas something bad may is seen in the chart. As per the Kennedy Channeling Technique the Support is coming at 521. As per Elliott Wave, Fibonacci retracement for wave 2 is expected to come around 521. There might be some unexpected news that may impact the price pattern of Voltas Ltd. Regards
Voltas is likely to benefit from a robust demand outlook for unitary cooling products such as air conditioners, based on management commentary, Nomura analysts say in a research report. The home-appliance manufacturer seeks to grow ahead of the UCP industry, driven by higher penetration in the modern trade and e-commerce segments, new outlets and price...
the overall trend is in favour of bulls from last 3 months . a long wick in feb suggest shorts been trapped at lower areas and going ahead, expect strong upmove here and the previous all time high is 8-20% away which could get tested in next two quarters
TRADE CALL low risk high reward Voltas cmp 843 sl 795 target 912 : 970 : 1042 : 1120 in small range of 36 points if close above 843...then target 912 big range 912 to 745 which is 167 points if break 912 then rally of 162 points Reason of taking trade fall from 912 to 745 but now fall from 912 to 806 can be reversal sign so risk reward is good...almost 1:2 for...
Voltas is trading near a breakout zone if stock closes above 1110 on daily basis we will go long at 1110 price with sl of 1070
Voltas might give a possible up move with a decent stoploss. Entry above - 1060- 1062 STOPLOSS - 1040 TARGET - 1125, 1150++ NOTE- if any trade or value that's gone from the marked levels then that's not our trade wait for it to come back or just let it go I'm not sebi registered this is my personal view
Voltas has broke a long time resistance level with high price range supporting good volume increase, its a good risk to return ratio, can be a positional trade. stop loss and target are as per shown in the picture.
This is not buy and sell recommendation Wait for confirmation
It looks TRENDLINE Breakout , So basically trend has been changed Now any pullback will become Buying opportunity, Till 750-733 we can Add this in we should Place The Stops Below the recent Tested Structure and for safe side Below 700 ON DCB.(for positional) So Ideal entry Point around 780 with Stops Below 730 for targets of 828,860,918 This will make this...
VOLTAS MONTHLY TIME FRAME Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNAN
Daily chart, the stock is generally in uptrend direction with some tendency for correction to 985, then will rebound to 1090. Above this 1090-1100, the target will be 1338 Technical indicators RSI and MACD are supporting the correction action Stop loss should be considered below 965
VOLTAS SUPER cool setup to go up.....Go with Voltas