balaji_damo
Short

VEDL AB=CD

NSE:VEDL   VEDANTA LIMITED
The stock has rallied and retraced back. It formed a bearish AB=CD pattern in Daily chart and it is consolidating. Breaking that box will be next move. I speculate it will break downside to 290. One can initiate short with SL at 303 or 306 for a target of 290.
SL hit Trade closed
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SL reached.
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