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We have been following Voltas for quite some time and have recommended the same to our delivery stock tips providers as we see this stock performing well in short term moving average periods as well as long term moving average periods.
As we can see that Voltas Limited is within a rising trend, which indicates a continued growth. It is moving within a rectangle formation with resistance at 315 and now it has broken past the resistance of 315 level. So one can be long till the time it holds the level of 315 for short term traders and long term traders can be long with Sl as 300 level.
The stock is overall assessed as technically positive for the medium long term and can target level of 330,350 & higher levels.
Get our most accurate intraday tip and be with profit by 11:30 AM every day. Why bang the head gainst the wall for longer duration when you can have profit daily with in 2 hours.
As we can see that Voltas Limited is within a rising trend, which indicates a continued growth. It is moving within a rectangle formation with resistance at 315 and now it has broken past the resistance of 315 level. So one can be long till the time it holds the level of 315 for short term traders and long term traders can be long with Sl as 300 level.
The stock is overall assessed as technically positive for the medium long term and can target level of 330,350 & higher levels.
Get our most accurate intraday tip and be with profit by 11:30 AM every day. Why bang the head gainst the wall for longer duration when you can have profit daily with in 2 hours.
