VOLTAS BUY FOR A TARGET 360

VOLTAS. LTD

BUY AT: 340 TO 346

TARGET: 360
TIME: 10 TRADING SESSIONS

ABOUT COMPANY

Voltas Ltd is a Large Cap Company having a market cap of 11465.16 Crores, it operates in Miscellaneous Sector. 

Voltas Ltd key products include Air Conditioners which contribute significantly for the revenue segment, other sales of services provide for the other income to the company, it happens to be a product of  TATA Group and with their great research and development team Voltas are one of the best innovative Air Conditioner manufacturers and the Company is also a good player in other parts of Asia and europe. With the summer coming in near future, Voltas is one of best beneficiary of the hot weather in the country, we expect a increase in the profit of the Company.

Voltas has just surpassed its 200EMA on the daily chart and is expected to surge forward, the pricing as on date is firmly placed on huge support levels and there is very remote chances of the stock to undergo correction, i have a target of 369 on this valuable stock, for the viewers of this blog, i would recommend a target around 360 within 10 trading sessions, the time horizon is completely based on co operation of the indices, Voltas is in a positive trend and would proceed forward positively, it is also a very good investment stock for a short to medium term investment, it is a value buy, we have a buy on Voltas with a target of 360.