Voltas: Both way movement possible

2 Mar 2023

VOLTAS trade levels, in either way, is mentioned in the chart.

As RSI in 30m chart showing a small breakdown a uptrendline, may be little down is possible. Roughly 900-925 is the consolidation zone.
Volume is not there.

Checking the OI Data:
1. Max support: 900 (call unwinding and put addition happens)
2. Most interesting: at 920 roughly little more than those unwound calls are getting added.

Strongly feeling it will be range bound.