Slightly overbought but if it breaks through the 615 barrier on good volumes then go long with stops at 600 and targets of 637.
Go For A Short For A Voltas Resistance Is Retested Then Create
Is Voltas ready for a Break Out. Not sure which one should be the correct Flag and Pole. Learning, views invited.
AT Resistance: STRICTLY below 590 sl 596 for 585-580
Recent crossover above 200 day EMA along with bullish sign from MACD would keep the price to float above 500 level. Suggest sell 500 Put Mar @ 3. Lot Size: 1000
Bearish Gartley Voltas*** PRZ 546-547 SL 552 Target 540/534
Buy voltas PRZ 530-532 SL 526 Target 541/552
Voltas trading well below cloud suggesting weak Trend. Closed below Tenken sen , more weakness below 503 .
Wait for PRZ, Experimenting with exact time of Reversal. _/\_
EMA and recent gap down confirms trend turn to bearish note. Expect Oct expiry would below 640.