Stock Radar: Voltas stock breaks out of 1-year triangular formation; time to buy?
Voltas stock has broken out of a year-long triangular pattern on daily charts. This technical signal suggests the stock is poised for an upward move. Experts recommend buying for a target of Rs 1,600 in the next 3-4 weeks. The stock has formed a strong base and shows renewed buying interest. This presents an opportunity for short-term traders.