#Vedanta is moving under Horizontal channel and now creating the small Ascending Triangle. Today stock closed above support trendline and created the Inside Bar with 7 day narrow range candle. You can see reversal in tomorrow trend.
Showing Mix result in Technical Parameter: CCI were trending down but now reversing RSI were trending down but now reversing ROC is treading UP William R% is treading UP ATR is decresing since 5 day New Long ---------------------------------------------------------- Support : 105 and 102 Breakdown : 107 (OR Gap down opening) LTP : 109.10 Breakout : 111.45 (OR GAP UP opening) Short Target : 114.65 and 120 ---------------------------------------------------------- Positive & Negative Point: 1) Bullish in Daily chart 2) Neutral in Weekly Chart 3) Very bearish in monthly chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading.)