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shaleenbansal
20 de Dez de 2020 17:33

VOLTAS due for CORRECTION or NEXT LEG UP Viés de baixa

VOLTAS LTDNSE

Descrição

VOLTAS is making a rising wedge pattern.

The obvious move will be a break down of the wedge as suggested by the Divergence on RSI.

Since price is moving up but momentum is slowing, a correction is expected.

This is a short term market move and post a 3-5% correction, stock will continue it's uptrend or go into consolidation.

Short below 820.
Target 1- 800
Target 2- 784
STOP- 830

NOTE:- Trade at your own risk.


Trade ativo

Trade fechado: objetivo atingido

Correction in markets fueled the move. Target 2 hit.
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