VOLTAS trade ideas
Voltas - 4 Hourly ChartVoltas - Its within Bullish BAT Formation. Waiting for price to come into PRZ i.e. the marked zone. Will have to check Price action in PRZ to initiate longs. Looks like we might get a good long on this one
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!
