Expiry Strategy: Sell 500 Put Mar @ 3. Recent crossover above 200 day EMA along with bullish sign from MACD would keep the price to float above 500 level.
Suggest sell 500 Put Mar @ 3. Lot Size: 1000
VOLTAS trade ideas
Voltas : Closed below Tenken sen , more weakness below 503 . Voltas trading well below cloud suggesting weak Trend.
Closed below Tenken sen , more weakness below 503 .
Expiry Strategy: Sell Voltas 640 Call @ CMP 1.8EMA and recent gap down confirms trend turn to bearish note. Expect Oct expiry would below 640.
#Voltas is Bullish!Voltas is BULLISH! above 89 EMA!
Buy any pull back to support zone. Say 604 levels...watch Price action and trade
Target 655 in the near term!
VoltasThe stock personality is 75D-100D EMA. It has formed a harami pattern taking a support at 75D.
Voltas In Possible Ending DiagonalVoltas is probably in the last wave of the Ending Diagonal which means there could be a reversal/ deep correction very soon. It may hit 444 and then start its correction to the downside. If holding Long positions, moving the stop tight seems to be good idea. Fresh short position could be initiated once the upward channel is broken.
VoltasNSE:VOLTAS
Voltas trade at 372.55 (+23.05) (+6.61%) at the time of writing. Elliott wave 5th projected target achieved book profit.
Happy trading.
voltasNSE:VOLTAS
Today voltas trade at 336.75 (+2.05) (+0.58%) at the time of writing there is good move in wave 3rd and some profit taking in wave 4th, now those who missed opportunity in wave 3rd, it is time can take position in wave 5th projected target at 371.
