VOLTAS(W)OLTAS breaking major resistance levels and also witnessing a falling trendline breakout on the weekly timeframe
VOLTAS trade ideas
Voltas something bad may is seen in the chart Voltas something bad may is seen in the chart.
As per the Kennedy Channeling Technique the Support is coming at 521.
As per Elliott Wave, Fibonacci retracement for wave 2 is expected to come around 521.
There might be some unexpected news that may impact the price pattern of Voltas Ltd.
Regards
voltasVoltas is likely to benefit from a robust demand outlook for unitary cooling products such as air conditioners, based on management commentary, Nomura analysts say in a research report. The home-appliance manufacturer seeks to grow ahead of the UCP industry, driven by higher penetration in the modern trade and e-commerce segments, new outlets and price calibration. Stable competition and operating leverage should lead to the company's EBIT margin improvement
voltas : month frame the overall trend is in favour of bulls from last 3 months .
a long wick in feb suggest shorts been trapped at lower areas and going ahead,
expect strong upmove here and the previous all time high is
8-20% away which could get tested in next two quarters
VOLTAS LOW RISK HIGH REWARDTRADE CALL low risk high reward
Voltas
cmp 843
sl 795
target 912 : 970 : 1042 : 1120
in small range of 36 points if close above 843...then target 912
big range 912 to 745 which is 167 points if break 912 then rally of 162 points
Reason of taking trade fall from 912 to 745 but now fall from 912 to 806 can be reversal sign so risk reward is good...almost 1:2 for short time frame
Voltas Daily Chart AnalysisVoltas is trading near a breakout zone if stock closes above 1110 on daily basis we will go long at 1110 price with sl of 1070
VOLTAS UPMOVE POSSIBLE Voltas might give a possible up move with a decent stoploss.
Entry above - 1060- 1062
STOPLOSS - 1040
TARGET - 1125, 1150++
NOTE- if any trade or value that's gone from the marked levels then that's not our trade wait for it to come back or just let it go
I'm not sebi registered this is my personal view
Voltas Long CallVoltas has broke a long time resistance level with high price range supporting good volume increase, its a good risk to return ratio, can be a positional trade.
stop loss and target are as per shown in the picture.
Any Pullback LOOKS BUY .It looks TRENDLINE Breakout , So basically trend has been changed Now any pullback will become Buying opportunity, Till 750-733 we can Add this in we should Place The Stops Below the recent Tested Structure and for safe side Below 700 ON DCB.(for positional)
So Ideal entry Point around 780 with Stops Below 730
for targets of
828,860,918
This will make this trade more then 2.5 RISK REWARD set up.
Please do your own Studies.
All the best.
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Voltas, India, should target 1338 after crossing 1100Daily chart, the stock is generally in uptrend direction with some tendency for correction to 985, then will rebound to 1090. Above this 1090-1100, the target will be 1338
Technical indicators RSI and MACD are supporting the correction action
Stop loss should be considered below 965
Voltas Reaching Breakout zone Voltas is approaching the breakout zone above then level of 1063
invalid below 1020
target the level of 1140/1220
voltas C&H patternabove 900-950 close basis
forming c&h pattern
which will lead upside level as per fibonacci level strong bullish
VoltasVoltas on a good monthlya support and also on ^1.8 fibbonacci levels.. A ver high R:R trade is possible from this level.
VOLTASLOOKING BULLISH AFTER LONG Down trend.
making double bottom pattern in daily time frame.
also bullish in weekly time frame.
SL 815 FOR SWING TRADE
Voltas
Bouncing back from 1/1 and monthly 5 MA over 20 MA is almost there
huge monthly volumes coming in after 4 months.
Weekly 200 MA breakout with a bullish Marubozu
1100 is the near term target
Voltas Long CallVoltas has broke its 1 year resistance level with high volume and price.
its a positional or investment idea with high returns and low risk.
Try to get at the support level entries and target is as per the chart giving 1:5 returns.
Voltas AnalysisStock on a crucial weekly range
After forming a shortfall in the area of confluence around POC and Discount Zone
If the stock sustains above 950 in the end of week, it is expected to give a very good rally upside
The Multi-Bullish Voltas20-Dec-2023 - Voltas - Multi-Bullish Patterns
Weekly - I can see atleast 3 Bullish Patterns
1. Rounding Bottom BO done above 928, Target 1117
2. Double Bottom around 740 levels - Target 1050
3. Bullish Ascending Triangle - BO done
Predictions become accurate when multiple patterns work In-Sync.
Voltas symmetrical triangle pattern breakoutF&O stock:-
Voltas symmetrical triangle pattern breakout daily with huge spurt in volumes for swing target of 914 and 938.
VOLTAS LTD SWING TRADE IDEAVOLTAS LTD near about to give symmetrical triangle chart pattern breakout today dynamic volume zone breakout done with strong bullish candle and gud volume bar can play for swing trade with prefered RR.
Voltas LongPrice forming a VCP pattern near support and around 50% fib in weekly timeframe.
Long after 890 will be activated with TP1 and TP2 to cover the gap in daily timeframe.
