VOLTAS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of Voltas Ltd (VOLTAS)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, recovering from its recent lows and trading above key moving averages.

Price Action: At ₹1,426, Voltas is above both the 50-DMA (₹1,367) and 200-DMA (₹1,384), indicating bullish momentum and trend continuation.

📈 Momentum Indicators

RSI (60.9): In the bullish zone, suggesting strong momentum but not yet overbought.

MACD (19.4): Positive and rising, confirming bullish crossover and trend strength.

Volume: Current volume (11.38 lakh) is above the 1-week average (8.00 lakh), showing increased participation and buying interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,367 Support

200-DMA 1,384 Support

Current Price 1,426 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, indicating strong momentum but potential short-term resistance.

A breakout above ₹1,440–₹1,450 could trigger a rally toward ₹1,500+.

🧭 Support & Resistance Zones

Immediate Support: ₹1,385–₹1,400 zone

Major Support: ₹1,350–₹1,367 zone

Immediate Resistance: ₹1,440–₹1,460 zone

Major Resistance: ₹1,500–₹1,550, then ₹1,900+ (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,385–₹1,400 (on pullback with MACD support)

Exit Zone: ₹1,500–₹1,550 (first resistance), ₹1,900+ if momentum sustains

🔍 Conclusion

Voltas is trending upward with strong RSI and MACD signals. Price action above key moving averages and rising volume confirms bullish sentiment. A breakout above ₹1,450 with volume could signal further upside, while a pullback to ₹1,385–₹1,400 offers a favorable entry. The stock remains in a bullish trend with short-term momentum intact.

Let me know if you’d like a comparison with peers like Blue Star or Whirlpool!

Edit in a page