VOLTAS - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 4.0

Here’s a detailed intraday analysis for Voltas Ltd (VOLTAS) based on current technical indicators, price action, and volume behavior

📊 Intraday Trade Assessment

✅ Positives

MACD Positive (5.40): Indicates bullish momentum.

Quarterly PAT Growth (+113%): Strong earnings recovery.

Price Near 50 DMA (₹1,332): Hovering around short-term support.

Volume: Reasonably healthy at ~6.46L, though slightly below 1-week average (~7.76L).

Strong Fundamentals: ROCE (17.6%) and ROE (13.4%) are solid.

Technical Breakout Potential: Analysts suggest breakout above ₹1,376 could trigger upside towards ₹1,394 and ₹1,409

1

.

⚠️ Negatives

RSI at 47.4: Neutral zone, not yet showing strong momentum.

Price Below 200 DMA (₹1,391): Long-term trend still under pressure.

FII Holding Decline (-0.79%): Mild institutional selling.

High P/E (53.6) vs Industry PE (53.3): Fairly valued, but not cheap.

PEG Ratio (3.03): Indicates expensive growth.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹1,320–₹1,326 Entry on dip near support with bullish candle and volume confirmation. A breakout above ₹1,336 could trigger momentum.

🎯 Exit Levels

Scenario Price Level (₹) Strategy

Profit Booking ₹1,345–₹1,352 Resistance zone from recent highs

Aggressive Target ₹1,365–₹1,373 If breakout sustains above ₹1,336

1

Stop Loss ₹1,306 Below intraday support zone

📈 If You Already Hold the Stock Today

Exit on Weakness: If price drops below ₹1,315 and MACD flattens or RSI dips below 45.

Exit on Spike: If price hits ₹1,352–₹1,365 with RSI > 55 and volume surge.

Hold Only If: Price sustains above ₹1,336 with rising volume and MACD continues upward.

🔍 Final Verdict

VOLTAS is a good candidate for intraday trading today, especially if it breaks above ₹1,336 with volume. Momentum is building, and technicals support a short-term bullish move.

Would you like a swing setup or options strategy for VOLTAS based on this momentum?

1

dailybulls.in

Edit in a page