MarketVidya

Voltas - Long Setup Opportunity

Long
NSE:VOLTAS   VOLTAS LTD
Voltas is possibly at the end of minor degree of wave 2. CMP is 506 and Wave2 should end near 493-490 zone which is also previous SWING LOW. Wave 3 target is anticipated at 161.8% of Wave 1 which is 726. Wave1 has taken 2 months to form and Wave 3 would possible take 1.5 times of Wave 1 which is 66 days or 3 months approximately.

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