segan_the_learner

Voltas - Inverted Head and Shoulders Pattern

Long
segan_the_learner Mis à jour   
NSE:VOLTAS   VOLTAS LTD
1. Voltas has formed an inverted head and shoulders pattern
2. Stock is taking support at 50EMA in Daily timeframe
3. There has been pickup in volumes in the past three days
4. Stock is forming HH(Higher high) and HL(Higher low) in 1hr TF
5. Sales are expected to be better this quarter owing to onset of summer and it's peer LG has declared very good results

Target and Stop Loss level are mentioned in the chart
Please like the post if you find it useful and leave your suggestions if any in the comments. Thank You.
Happy Trading!
Trade fermée: ordre d’arrêt atteint:
Nifty gapped down the following day due to second wave of COVID fears. Had high expectations for the stock to move up.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.