“SELL VOLTAS BELOW 620 TGT 610/595”
Voltas Limited is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services. After showing bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the VOLTAS is bearish. Strong Support level is seen on the daily chart at 620. it is likely to show correction with the breach of the support level of 620, where one may initiate the short position in it for the targets of 610/595. as the stock is managing to trade below its 22& 50 days moving averages with