VOLTAS – Long-Term Consolidation: Breakout SetupVoltas LimitedNSE:VOLTASpaisakkaranVOLTAS has been consolidating for an extended period after the major decline from its previous high. The stock is currently trading inside a broad range, roughly ₹1,200–₹1,520. 🔹 Support: ₹1,200–₹1,220 🔹 Resistance: ₹1,500–₹1,520 Price has repeatedly bounced from the lower end of the range and faced selling pressure near the upper boundary. A decisive breakout above ₹1,520 with strong volume could signal the beginning of a new uptrend, while rejection from the resistance zone may keep the stock range-bound. Bullish scenario: Breakout above ₹1,520 → potential move toward ₹1,650–₹1,800. Bearish scenario: Breakdown below ₹1,200 → consolidation structure could fail and lower levels may come into play. For now, this is a wait-for-breakout setup rather than a confirmed breakout.