VOLTAS trade ideas
VOLTASSlightly overbought but if it breaks through the 615 barrier on good volumes then go long with stops at 600 and targets of 637.
Voltas - IS IT BREAKING OUTIs Voltas ready for a Break Out.
Not sure which one should be the correct Flag and Pole. Learning, views invited.
Expiry Strategy: Sell 500 Put Mar @ 3. 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
Voltas : Closed below Tenken sen , more weakness below 503 . Voltas trading well below cloud suggesting weak Trend.
Closed below Tenken sen , more weakness below 503 .
Expiry Strategy: Sell Voltas 640 Call @ CMP 1.8EMA and recent gap down confirms trend turn to bearish note. Expect Oct expiry would below 640.
#Voltas is Bullish!Voltas is BULLISH! above 89 EMA!
Buy any pull back to support zone. Say 604 levels...watch Price action and trade
Target 655 in the near term!
