Voltas fut



Voltas fut


posted by pssolanki on Mon Nov 10, 2014 07:51 pm

#1

VOLTAS Fut-Daily
VOLTAS has been in an uptrend since Sep. 13.
Today's close candle is Bullish Engulfing.
Identify THE BEARISH THREE DRIVE Pattern.
265.50(88.6% of 2B Leg) may be work as resistance.
250.65(approx 61.8% of 2B Leg) may be work as support.
If sustain above resistance, than POINT 3 would be 306(161.8% of 2B Leg).
Thus long can be initiated above 265.50 with STOP LOSS of 250.65 for Target of 286.85, 294.71 & 306.00.
  


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