Voltas Ltd - Elliott Wave Analysis Update - Target Achieved

**Voltas Ltd - Elliott Wave Analysis Update 📊**
🎯 **Target Achieved! Trade Executed Successfully** 🚀

The Elliott Wave structure for Voltas played out precisely as anticipated, delivering a successful breakout and hitting the target zones. Here’s a detailed recap of the movement:

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### 🔍 **Key Highlights from the Chart Update:**

1️⃣ **Wave Structure Resolution:**
- The stock successfully broke above the critical resistance level of ₹1,821.30, confirming the continuation of the bullish Wave (Y).
- Price surged towards the projected ₹1,900+ zone, fulfilling the target set for this corrective pattern.

2️⃣ **Momentum Confirmation:**
- Trading above the 50-day Moving Average provided a solid foundation for sustained upward momentum.
- Strong buying volumes at key Fibonacci retracement levels fueled the rally, validating the demand in the identified zones.

3️⃣ **Trade Execution:**
- **Entry Point:** Initiated near ₹1,790 after observing the breakout above ₹1,821.30.
- **Exit Point:** Target successfully achieved at ₹1,900+, locking in significant gains.
- **Risk Management:** Stop-loss placed below ₹1,800 remained untouched, ensuring a favorable risk-reward ratio.

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### 🚨 **Lessons & Next Steps:**
- **Critical Support Levels:** ₹1,821.30 now becomes the immediate support, with ₹1,641.35 as the long-term cushion.
- **Potential Future Resistance:** Monitor price action near ₹1,950–₹2,000 for signs of consolidation or trend continuation.

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🔥 **Conclusion:**
This trade highlights the effectiveness of combining Elliott Wave analysis with momentum and volume indicators. Voltas continues to exhibit a strong technical structure, making it a stock to watch for further opportunities.

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