kiruba94

VEDL short term positional BUY!!

Long
kiruba94 Updated   
BSE:VEDL   VEDANTA LIMITED
4
  • VEDL can be bought now for a target of 260.
  • Stop loss around 242 which is the point from which it gapped up to break the ascending triangle which is a strong buy sign.
  • Best setup is to book half profits at 260 and wait for it to break the resistance zones which will allow it to reach 280 levels.
Comment:
can expect the target to be hit within 2-3 days
Comment:
reached a high of 259.4 and retracing as expected. book partial profit near the 260 zone trail the rest with 255.5 SL
Comment:
continue with CBSL at 321
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.