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Voltas - Bearish Shark
Voltas on the monthly chart has completed a Bearish Shark Harmonic Pattern. The expected PRZ for the same is 228 - 241. The stock entered the prz at its recent high of 229.45 and formed a spinning top candlestick pattern on the weekly chart. Even on the daily chart the stock is facing resistance at the center line of Andrew Pitchfork. A sell in the stock would trigger once it sustains below 213 level for a target of 170 / 150 levels. The stop loss for the trade can be placed at 230 level on closing basis.
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