Voltamp- at 61.8% retracement. try longsAfter correction from c15000 levels, stock has retraced 61.8% of previous rally
One of the more reasonably valued power sector names. Can try longs
VOLTAMP trade ideas
VOLTAMP Trading Within Demand Zone
VOLTAMP is currently trading at ₹7310.75, within the demand zone ranging from ₹7394.95 (baseHigh) to ₹7131 (baseLow), identified on 23rd February 2024. This zone could act as a support level, presenting a possible opportunity for investors to explore.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
VOLTAMP TRANSFORMERS LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
VOLTAMP LONG Voltamp Weekly Breakout 13500
Daily DMIP 13500
Daily Demand Range 13500-12900
BUY 1 Level 13500
BUY 2 LEVEL 13200
Target 16500
Voltamp Transformers Limited - Breakout Setup, Move is ON...#VOLTAMP trading above Resistance of 13100
Next Resistance is at 16496
Support is at 9705
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
VOLTAMP 5k to 7k 🚀 Buy Recommended - Rachit Sethia 💚💙VOLTAMP 4988
TGT 7000+
SL4100
Return 40%+
RR >2.35
Timeframe <6 Months
NSE:VOLTAMP
Recommended buy.
Can hold for longer term.
Shared with 💚
By Rachit Sethia
Voltamp Transformers : Stock Broke Out Cup With HandleVoltamp Transformers :
The stock broke out of a stage-three cup-with-handle base on above average volume and is currently trading in the ideal buy zone.
Breakout Zone
Buy Range : 5425-5700
50-Day Avg. Volume: INR 28 crore
Holding Time : 3 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
VOLTAMP: Looking good for buyersIt has formed double bottom pattern and good bullish with volume.
We can expect 18-19% up move from here.
📈 Exciting Bearish Pattern Alert! 📈 Exciting Bearish Pattern Alert!
📊 Pattern: channel
📌 Symbol/Asset: VOLTAMP
🔍 Description: Near By RESISTANCE
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
VOLTAMP @ Resistance !!NSE:VOLTAMP
#NSE:VOLTAMP trading in range from 4 months and now trying to BO the resistance level, good above 3050.
Nearest support marked for safety.
VOLTAMP for Long
CMP 2184
Strong QoQ EPS Growth,
Company with zero debt,
Company with zero promotor pledge,
Annual Net profits improving for last 2 years,
Book value per share improving for last 2 years,
Expected Target - 2900+
SL for trade - 1900
Voltamp Transformer: A solid bet on long side - tgt 2300# Voltamp Transformer a well run, cash rich, consistently dividend paying company has done an EPS of 110/- for FY21, a growth of > 25% in a pandemic year (89/- in FY-20).
# Cumulatively the company has earned a net profit of 431 crores from FY-17 to FY-21. Over FY-17 EPS the company reported 50% increase in Net profit in FY-21
# A conservative estimation of 50% more cumulative profit from FY-22 to FY-26, Voltamp transformers is expected to make at least 650 crores in next 5 years with potential for upside.
# With current cash equivalents & investment of more than 650/- per share, the Company will essentially be free in FY-26 for the investors who are able to invest at current levels of 1400 to 1500
# As far as current valuation is concerned, it will not be a surprise if the stock gets re-rated to 2300 levels based on the following logic:
* Since the company is a consistent dividend payer and holds a large amount of cash which protects it from payment issues, working capital issues, cycles etc, its current year earnings should get a multiple of at least 15 times which takes the earnings based value for the company to 1650/- plus the value of cash equivalents (cash+ inventory+ receivable - paybles) & investmnets of 650/- per share. so the total value comes to 2300 levels
# Technically also there is a multi year high range break out on monthly chart with higher volumes. This makes it even more convincing to me that the stock is poised to give very good return in next few months.
