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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKVOLTAS

Voltas Outlook for the Week (May 20, 2024 – May 24, 2024)

Voltas
Voltas
Voltas closed the previous week on a negative note losing 5.34%.

Technically, Voltas share price will see immediate support at 1,254.37 and immediate resistance would be seen at 1,325.37.

If Voltas share price closes below immediate support of 1,254.37, then sharp breakdown can be seen. Voltas share price will see major support at 1,220.43 for the week.

1550.001550.001500.001500.001450.001450.001400.001400.001350.001350.001300.001300.001250.001250.001200.001200.001150.001150.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 1333.02BuySell

On the positive side, immediate resistance will be seen at 1,325.37. Closing above 1,325.37, Voltas share price will see a sharp breakout. Major resistance for Voltas share price will be seen at 1,362.43 for the week.

Trading range for Voltas share price for this week should be between 1,183.37 on down side and 1,396.37 on up side.

Voltas Previous Week High: 1328.5

Voltas Previous Week Low: 1257.5

Voltas Previous Week Range: 71 Points

Voltas share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 1,396.37
Resistance 2 1,362.43
Resistance 1 1,325.37
Support 1 1,254.37
Support 2 1,220.43
Support 3 1,183.37
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