VOLTAS resistance breakout. RR : 3.5

VOLTAS recent broke out of its resistance and 200 EMA at 580 with good volume.

Recent uptrend observed on daily chart and trend looks healty when compared with RSI.

LONG :
Target : 643 (next resistance)
SL : 580 (breached support and 200 EMA conflux)
RR ratio : 3.5

Disclaimer: This is for educational purpose. Please take position after consulting your advisor.

P.S. : I am new to this and this is my first post. Suggestions are most welcome.

Yorum:

Price bounced after support retest. Outlook still bullish.

Target : 640
SL : 580

Yorum:

Target reached.