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Tuesday 7 April 2015

60 MIN. CHART OF VOLTAS.

THE LEVELS MENTIONED BELOW ARE SPOT LEVELS.

Shown above is the 60 minutes chart of Voltas.
As we can see the stock has given multiple brekouts in today's trading session. The stock has given a breakout of an inverted head and shoulder pattern and also of a triple top unlocking its higher levels. The moving averages are supporting the trend. Therefore, I am expecting the stock to gear for levels if 305-307. It will be safer to buy the stock above 296 and maintain stop loss below 287. 

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