Voltas is engaged in the business of air conditioning, refrigeration, electro –
mechanical projects as an EPC contractor both in domestic and international
geographies (Middle East and Singapore) and engineering product services for
mining, water management and treatment, construction equipments and textile
Technical View: These stock had a recent breakout and tested the breakout level,
RSI is in to buying zone and MACD near to crossover may bring positive trend,
Structure look positive as its had a long symmetrical triangle formation exit.
Volume analysis: – 1 Day Delivery volume increased by 465.55% over 5 day
average, However; 1 Month: Delivery volume fell by -20.95%, Hence; recommend
BUY signal for this share. As stock is trading above 50 EMA, BUY at 1265, Target
1294, Target 1318, Stop loss can be kept 1250.
Moving Averages: – Voltas Ltd. is trading higher than 5 day, 20 day, 50 day,
100 day and 200 day moving averages
5 Day 1,229.23 50 Day 1,217.99 200 Day 1,099.10
20 Day 1,213.91 100 Day 1,189.68
Promoters holding 30.03%, No change in Promoter holdings. No change in
Promoter pledged shares.
(Best) P/E Ratio
30 DA Vol (m)
(Best) PEG Ratio
Shares Outstanding (cr)
Best EPS Curr (Rs.)