Voltas has been witnessing price fluctuations in the past month (Feb 2018) and the prices have tested it’s recent support zone (550-560)twice in the past month. And every time it as tested the support zone it has bounced back pretty strongly. Also we can notice good volumes during the recent upswing, which shows strong presence of buyers good fight is taking place between the buyers and the sellers.
VOLTAS – DOUBLE BOTTOM
feel free to call us +919500077790 info@eqsis.com
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
Yes Mitesh, Voltas : Double Bottom convinced again as RSI is showing bullish divergence.Volume is high when it is tested the support level at the second time and it is too high when it reached the supply zone.The support zone is tested within a gap of nearly twenty days.Long positions can be considered above the higher high of the candle.
Great job !!
Thanks lata.. nice to have a reconfirmation from co-participants 🙂