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RJUN
Jun 17, 2017 10:00 AM

Filling the Gap on an Impulse? Short

VEDANTA LTDNSE

Description

VEDL has been in correction phase after the impulse move and is experiencing resistance on the upside. if it breaks through that pattern downside, it may fill the Gap and moreover it can test the 230 Whole number. If it breaks to the upside, Then the trade will become invalid.
Enter According to the price action.
Comments
HarshShivlani
On break to upside it could lead towards a formation of cup and handle. It's just wait and watch for now. Haha.
RJUN
@HarshShivlani, Yes possible. It may form Cup with handle, Jar, Glass with handle..cant say!
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