VOLTAS trade ideas
Voltas Ltd.*Voltas Ltd.*
Pole & Flag Pattern: Monthly Basis
Strong Price BreakOut/Volume Consolidation
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
India’s leading air conditioning and engineering Services Co. (Tata Group Co.)
Leader in the RAC segment with YTD 25.8% Mkt. Share.
With forecasts of a strong summer / No expectations of any further COVID disruptions, seasonal demand = strong.
Qtrly Sales Improving, Profitability yet to increase. Yrly basis, Sales/Profitability gaining traction. Likely to improve further.
Low Equity, Low Leverage, Substantial C&CE. Improving Ops. Cash Flow.
Substantial Continued increase in FII stake since Mar'21.
*Concern:*
Input cost inflation may disrupt the profitability in the short-term.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
voltas best buying level 1125.50major support at 1125.50 and it is the future!!! with that voltas is Building market leadership with innovative cooling solutions
Flexible cooling, based on different cooling requirements with our Voltas Maha Adjustable AC's. Intelligent infrastructure to create clean energy
Making a sustainable future possible with the creation of Asia's largest solar energy project. Breathing new life into the world of Indian fabrics
We offer cutting-edge machinery and end-to-end services in processing and finishing, for an output that's world-class and profitable.
VOLTASWelcome to this analysis on VOLTAS
It has made a Bearish Harmonic Gartley Pattern on daily time frame on 14-01-2022.
Today it has shown a reversal from the PRZ and is currently forming a Bearish Engulfing Candle
Derivative data is also suggesting Fresh Short positions are taking place currently in it.
It could do a retracement till 1250-1225 as long as it does not trade above 1325.