VOLTAS : A flat Correction

11 Agu 2021

From the highs of 1125 made in june 2021 , stock had given a fall to 984 levels & then rebound in a choppy manner to the level of 1080. Right from there we have seen an impulsive fall & stock has broken the support zone of 1000. This level will act as resistance & stock will likely to fall further and will reach to the zone of 940-20 again.

One should short voltas in the zone of 1000-1010 with sl of 1040 and look for the target of 950/920