VOLTASKeep an eye on trendline, it might breakout on either side
Downside : Sell below 536 for 531 521 508
Upside : For 556 561 565 572 579
VOLTAS trade ideas
R-0007 Cloud break out for the VOLTAS on the upside (Long)Short Term Cash Buy VOLTAS @552.00-554 SL 539 TGT 580
VOTLAS - longVoltas Long @ 540 for Trgt 621 SL 496- It has completed 5th wave, now ABC.
Long term it shows that lot of stream left on bull side. High volume in current month show strong view.
Any dip below 370 till 300 would be good opportunity for long term. Wait for A-B-C move to for long term.
VOLTAS - Pullback Retest - Triangle BreakoutNSE:VOLTAS is testing a supply turned demand zone as of now.
A triangle breakout is pending.
Hidden Gem in the Market of Fear all aroundVoltas, the most trusted brand in the Air Conditioning industry offers a range of high-performance air conditioners to its customers. We are leading the market by offering the best ACs in India. Explore our wide range of split ACs, window ACs, and Inverter ACs, offering valuable features to the consumers.
Being a consumer segment its a value buy in the range 445-450 with a target of 590-610 within the next quarter one could look for this opportunity as its a great bargain at current prices.
Voltas double bottom Voltas has made a double bottom chart pattern. Good buy at the current level for the target of 530/550 SL 472
SECOND TARGET DONE...WHAT A MOVE.....ISNT IT? THATS A POWER OF PERFECT ANALYSIS AND ENTRY...DID U ENJOY ...
Short VoltasShort Voltas on basis of completion of shark pattern
Stop Loss and targets are as mentioned in chart.
Voltas in downtrend Voltas continue in the downtrend 528-5660 is a consolidating zone.Also, Rejection at the upper channel looks Bearish
VOLTAS - One more Down thrust As per the wave analysis , we are in the c wave of the corrective wave a-b-c. Moreover the wave c is developed as an impulsive wave for which the last 5th wave is remaining & it has been started already.
Trading plan:
SELL NEAR 465 -70 ZONE OR SELL ON ANY RISE NEAR 475-480 ZONE KEEPING THE STOP LOSS OF 486 FOR A TARGET ZONE OF 450/420/410
Voltas Short Below 455Voltas is in a continuous downtrend. if it breaks its trendline downward. we can see huge downfall in the stock
Sell Voltas below 455 keeping SL 467 with Target 445-430.. Once the stock goes down from your buying price place SL cost to cost or trail.
VOLTAS WEEKLYStock broke its major price support around 500 levels a month ago and same levels are now acting as resistance for the stock.
200 week Moving average also coincides with the price resistance.
Only decisive break above this stock can bring a up-move in the stock, till then bearish view in the stock stays intact.
Next support for stock comes around 440- 425 levels And i see the major support for the stock lies at 350-340 levels.
Doji in Voltas on Weekly charts could be a short candidateVoltas can test 403 levels a Doji on weekly though sign of trend reversal could be short lived a perfect buy candidate at 390-400 Zone keep on radar.
Sell Below 462 SL 476 Traget 405
Buy Above 493 SL 459 Target 535
VOLTAS 4HRBullish GARTLEY TYPE 2
Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Now with confirmation from a BULLISH CANDLE with RSI above 30 POTENTIAL BUY
VOLTAS DAILYBullish GARTLEY TYPE 2
Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Now with confirmation from a BULLISH CANDLE with RSI above 30 POTENTIAL BUY
