Voltas - Triple Top Break Down and Neck line brokenVoltas had triple top breakdown and it will have possible following targets; 1620 / 1550 / 1525 Shortby NileshPrajapati850
Voltas Ltd - Elliott Wave Analysis Update - Target Achieved**Voltas Ltd - Elliott Wave Analysis Update 📊** 🎯 **Target Achieved! Trade Executed Successfully** 🚀 The Elliott Wave structure for Voltas played out precisely as anticipated, delivering a successful breakout and hitting the target zones. Here’s a detailed recap of the movement: --- ### 🔍 **Key Highlights from the Chart Update:** 1️⃣ **Wave Structure Resolution:** - The stock successfully broke above the critical resistance level of ₹1,821.30, confirming the continuation of the bullish Wave (Y). - Price surged towards the projected ₹1,900+ zone, fulfilling the target set for this corrective pattern. 2️⃣ **Momentum Confirmation:** - Trading above the 50-day Moving Average provided a solid foundation for sustained upward momentum. - Strong buying volumes at key Fibonacci retracement levels fueled the rally, validating the demand in the identified zones. 3️⃣ **Trade Execution:** - **Entry Point:** Initiated near ₹1,790 after observing the breakout above ₹1,821.30. - **Exit Point:** Target successfully achieved at ₹1,900+, locking in significant gains. - **Risk Management:** Stop-loss placed below ₹1,800 remained untouched, ensuring a favorable risk-reward ratio. --- ### 🚨 **Lessons & Next Steps:** - **Critical Support Levels:** ₹1,821.30 now becomes the immediate support, with ₹1,641.35 as the long-term cushion. - **Potential Future Resistance:** Monitor price action near ₹1,950–₹2,000 for signs of consolidation or trend continuation. --- 🔥 **Conclusion:** This trade highlights the effectiveness of combining Elliott Wave analysis with momentum and volume indicators. Voltas continues to exhibit a strong technical structure, making it a stock to watch for further opportunities. 🔔 **Follow us for more updates and insights into market movements!** 🚀✨ Longby mywork0721
Voltas Ltd - Elliott Wave AnalysisVoltas Ltd - Elliott Wave Analysis 📊 🎯 Target Zones Identified! The Elliott Wave structure for Voltas suggests a potential Zig-Zag correction with alternating patterns leading towards critical support and resistance zones. 🔍 Key Highlights from the Chart: 1️⃣ Wave Structure in Progress: Current price action aligns with an ongoing corrective phase, alternating between support at ₹1,641.35 and resistance at ₹1,821.30. The chart confirms higher low formations, indicating buying interest around the lower boundary. 2️⃣ Momentum Indicators: The stock is currently trading above the 50-day Moving Average, suggesting sustained positive momentum. Significant buying volumes at key Fibonacci retracement levels highlight strong demand. 3️⃣ Next Potential Levels: A breakout above ₹1,821.30 may confirm a bullish wave (Y) continuation towards ₹1,900+. Failing to hold above ₹1,641.35 could signal further downside correction. 🚨 Risk Management Reminder: Place stop-losses effectively below ₹1,600 to mitigate risks during volatile market phases. 🔥 Conclusion: Voltas is demonstrating a clear Elliott Wave corrective pattern. Keep an eye on ₹1,821.30 for bullish breakout opportunities or ₹1,641.35 for critical support. 🔔 Follow us for actionable insights and updates on market movements! 🚀✨ Longby mywork0721
voltas swing tradeHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .Longby OptionCallPro0
Voltas Ltd Technical Analysis1.Chart Pattern: The stock has been consolidating in a descending channel, with a recent breakout above the upper trendline of the channel. This breakout could indicate a bullish reversal if sustained. 2.Key Levels: Support Zone: ₹1,670 - ₹1,700 (highlighted area). Immediate Resistance: ₹1,732 (horizontal dashed black line). Target 1: ₹1,762 (short-term resistance). Target 2: ₹1,838 (medium-term resistance). Target 3: ₹1,926 (long-term resistance). 3.Indicators: RSI (14): Currently at 48.58, indicating neutral momentum. A move above 50 could strengthen bullish sentiment. EMA Levels: 20 EMA: ₹1,697 (stock near this level). 50 EMA: ₹1,720. 100 EMA: ₹1,670 (acting as strong support). 200 EMA: ₹1,517 (long-term trend support). 4.Volume Analysis: A significant spike in volume was observed during the breakout, supporting the bullish case. 5.Price Action: The breakout candle indicates buying interest. If the stock holds above ₹1,732, it could move toward ₹1,762 and higher levels. 6.Risk-Reward: Entry Zone: ₹1,700 - ₹1,732 (post-pullback to breakout zone). Stop Loss: Below ₹1,670 (key support). Target Range: ₹1,762 – ₹1,926. Trading Plan Bullish Scenario: A breakout above ₹1,732 and sustained momentum could lead to ₹1,762 and ₹1,838. Bearish Risk: If the stock falls back into the channel and breaks below ₹1,670, the downtrend may resume. Conclusion Voltas Ltd. is at a critical juncture, showing potential for a bullish breakout. However, confirmation above ₹1,732 is crucial for the upward move. Traders should watch volume and price action for further clarity.Longby AngshumanSaikia3
Voltas Ltd for Intraday 31st October #VOLTAS Voltas Ltd for Intraday 31st October #VOLTAS Resistance 1710. Watching above 1715 for upside movement... Support area 1680. Below 1680 ignoring upside momentum for intraday Support 1680 .Watching below 1678 for downside movement... Resistance area 1710 Above 1710 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra3
VOLTAS LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.by zenthosh4
Voltas Ltd view for Intraday 17th October #VOLTAS Voltas Ltd view for Intraday 17th October #VOLTAS Resistance 1870. Watching above 1902 for upside movement... Support area 1870. Below ignoring upside momentum for intraday Support 1870..Watching below 1849 for downside movement... Resistance area 1870.... Above ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra2
VOLTAS NSE:VOLTAS One Can enter now! Or Wait for a retest of the trendline(BO)! Or Wait for a better Risk:Reward Ratio! Note : 1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low. 2. Risk :Reward ratio should be minimum 1:2. 3. Plan your trade as per the Money Mangement and Risk Appetite. Disclamier : You are responsible for your profits and loss. The idea shared here is purely for Educational purpose. Follow back, for more ideas and thier notifications on your email. Support and Like incase the idea, works for you.Longby CreativeCreatureUpdated 2
Voltas comes out of the Bullish TriangleVoltas NSE:VOLTAS comes out of the Bullish Triangle. You can buy at the current Price 1621. First Target would be 1740 and 2nd Target would be 1930( which you can achieve using GTT, if you are ready to take Risk)by ProfitPearlUpdated 8
Voltas Weekly Chartforming C&H pattern resistance 923 support / low 733 expected level as per fibonaci retracement level Revert for expected levelLongby ManojTembulkarUpdated 9
Consolidation Breakout - VOLTAS📊 Script: VOLTAS 📊 Sector: Consumer Durables 📊 Industry: Air-conditioners Key highlights: 💡⚡ 📈 Script is giving consolidation breakout on daily chart. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 1594 🟢 Target 🎯🏆 - 1668 ⚠️ Stoploss ☠️🚫 - 1566 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_23Updated 18
Voltas Ltd: Bullish Breakout Confirmed Bullish breakout confirmed above the ₹1,556.20 resistance level. Strong volume support indicating potential for continued upward momentum. RSI indicates a healthy trend, not yet overbought. Potential for further gains in the near term. Keep an eye on upcoming market movements for opportunities. Longby GlobalMarketGuru2
VOLTAS1. Anything can happen. 2. You don't need to know what is going to happen next in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique. Longby IITIAN_TRADER2
Parallel Channel Breakout in VOLTASStock: VOLTAS Current Price: 1560 Chart Pattern: Parallel Channel Breakout Overview VOLTAS has recently demonstrated a technical breakout from a well-defined parallel channel pattern. This breakout is an indication of potential bullish momentum, suggesting that the stock could experience significant upward movement. The breakout occurred at the 1560 level, which serves as a critical point of reference for further trading actions. Trade Setup Breakout Level: 1560 The breakout level represents the point at which the stock price moved above the upper boundary of the parallel channel, signaling a potential trend reversal or continuation in the upward direction. Entry Strategy: Go Long: Enter the trade at or slightly above the breakout level of 1560. This ensures that the breakout is confirmed and the trade is initiated in the direction of the new trend. Target Levels Initial Target: 1625 This target is set based on a conservative estimate of the stock's movement post-breakout. It represents an intermediate price level where profit-taking or partial exits might be considered. Final Target: 1684 The final target is derived from the height of the parallel channel pattern. This level projects the full potential upside based on the channel’s dimensions, assuming the breakout sustains. Risk Management Stop Loss: 1500 A stop loss at 1500 is recommended to manage risk and protect against significant adverse movements. This level is strategically placed below the breakout point to allow some price fluctuation while still maintaining a controlled risk profile. Technical Analysis Pattern Confirmation: The breakout from the parallel channel is a bullish signal, indicating that the stock has moved beyond its previous range of consolidation. This suggests the potential for further upward momentum. Upside Potential: The height of the parallel channel, when projected upward from the breakout level, provides a target range for potential price movement. The final target of 1684 is calculated based on this pattern’s projected extension. Summary Action: Go Long Entry Point: At or above 1560 Stop Loss: 1500 Initial Target: 1625 Final Target: 1684 Additional Notes: Continuously monitor market conditions and stock performance. Adjust stop loss and target levels as needed based on ongoing technical analysis and market developments. Consider using trailing stops to lock in profits as the stock price moves toward the target levels. Disclaimer: This recommendation is based on technical analysis and educational purpose. Always conduct your own research and consider consulting with a financial advisor before making trading decisions.Longby TradZoo3
VOLTAS AnalysisThe chart provided is of VOLTAS LTD on a weekly time frame (1W) from TradingView, showing various price levels and targets based on Fibonacci retracement levels and projections. Here's a detailed analysis and summary: Key Components: 1. Price Levels: - Current price: 1,490.75 - High: 1,559.85 - Low: 1,481.95 - Close: 1,490.75 2. Fibonacci Retracement Levels: - 0.618: 1,312.35 - 0.5: 1,205.05 - 0: 750.20 3. Target Levels: - Target 1: 1,659.85 - Target 2: 2,222.05 (1.618 Fibonacci extension) 4. Significant Support and Resistance: - Historical support around 750.20 - Significant resistance at the high around 1,559.85 - Perfect retracement noted historically, which acted as a support level. Analysis: - The stock has experienced a strong uptrend from the retracement level of 750.20 to its current level. - The recent price action has breached the Fibonacci retracement levels of 0.5 and 0.618, indicating a bullish momentum. - The first target is set at 1,659.85 , suggesting a potential continuation of the uptrend. - The second target, based on the 1.618 Fibonacci extension, is projected at 2,222.05 . Summary: The chart for VOLTAS LTD indicates a strong bullish trend with potential upside targets at 1,659.85 and 2,222.05 . The stock has already surpassed key Fibonacci retracement levels, reinforcing the bullish outlook. The significant support level at 750.20 and historical retracement patterns provide a solid foundation for the current uptrend. The price movement suggests that if the current resistance around 1,559.85 is decisively broken, the stock could aim for the targets mentioned above. Longby The90sTraderOfficial1
VCP FormationVoltas is forming a vcp pattern. it might breakout to a new high. keep watchLongby Devrishi_Gupta0
VOLTAS LTD S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh1
Potential bullish move coming up for Indian overseas bank Stock usually moves in a consolidation zone between 68 and 59. There is a strong demand zone at 56 as well. on the 1 hour chart a descending triangle has formed which could lead to a bearish move of 5% leading to price hitting the support at 59. A bullish move can be expected from here. Take profit is placed at the resistance and stop loss is placed a little below the demand zone as price might dip down to the demand zone and bounce as well. The 50 dema Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Consider this idea for educational purposes only.Longby shayaanthewise1
Voltas LtdTARGET AND SL IN CHART FUNDA Market Cap ₹ 31,603 Cr. Current Price ₹ 955 High / Low ₹ 955 / 737 Stock P/E 104 Book Value ₹ 173 Dividend Yield 0.46 % ROCE 9.67 % ROE 4.42 % Face Value ₹ 1.00 Promoter holding 30.3 % EPS last year ₹ 4.08 EPS latest quarter ₹ 1.11 Debt ₹ 555 Cr. Pledged percentage 0.00 % Net CF ₹ 133 Cr. Price to Cash Flow 198 Free Cash Flow ₹ -18.1 Cr. Debt to equity 0.10 OPM last year 4.78 % OPM 5Year 7.00 % Reserves ₹ 5,681 Cr. Price to book value 5.53 Int Coverage 14.8 PEG Ratio -6.56 Price to Sales 2.98 Sales growth 3Years 7.44 % Profit Var 3Yrs -23.9 %Longby madhu2811Updated 13
Voltas bullish flag pattern breakout Bullish flag pattern breakout, along with potential DEMA crossover. Strong demand zones formed as well. Likely going to be a 15-30% bullish move in the future. Stock is currently in an uptrend making higher highs and higher lows. Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Consider this idea for educational purposes only. Longby shayaanthewise2
Voltas Triangle Support Long entryNSE:VOLTAS Voltas Triangle Support Long entry Longby Westlake_Corp2