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CA Omkar Bhutada - SEBI Reg IA

23rd Mar · SEBI-Registered Analyst

This is a high-probability breakdown setup 🔥

VOLTAS
🔍 1️⃣ Big Structure Phase 1: Strong Uptrend Massive rally till ~₹1900 Phase 2: Sharp Correction Fast fall to ~₹1200 👉 Trend damage happened here Phase 3: Sideways Range ₹1200 – ₹1550 👉 This is NOT strength 👉 This is distribution 🧠 2️⃣ What Smart Money Did 👉 Sold at top (~₹1500–1550) 👉 Supported price near ₹1200 💡 Why? To: Exit quietly Trap buyers ⚠️ 3️⃣ Current Situation (Critical) 👉 Price has now: Broken ₹1250 support Closed weak 👉 This is early breakdown signal 💥 4️⃣ Breakdown Confirmation If price sustains below: 👉 ₹1220–1250 Then: Targets: ₹1100 ₹1000 ₹900 (your marked zone 🎯) 📉 5️⃣ Why This Can Fall Fast Long consolidation = energy build Breakdown = panic 👉 Plus: Lower highs visible Weak bounce structure

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