Buy Voltas Ltd For Target Rs. 1240 - Religare Broking
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Derivative Ideas
VOLTAS gained 2.05% and closed at 1202.85 on 11th Mar. The stock after taking the support at 1150-1165 zone has shown good up move quite a few times earlier. Broadly it has been consolidating in a range of 1150-1280. Holding 1150, the counter is likely to test its resistance at around 1250. We recommend to go Long in VOLTAS.
Strategy:- BUY VOLTAS @ 1184-1190, SLOSS AT 1150, TRGT 1240.
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