Kshitij_008

Vedanta - Short Term Sell

Short
Kshitij_008 Updated   
NSE:VEDL   VEDANTA LTD
Hello,
Vedanta looks like a complete sell for short term period.
Below 145 it can test recent lows of 125.
This view gets invalidated if we get a close above 152.50.
MACD has just started to give a sell signal.
RSI is tilting towards a sell sign.
Trade active:
This trade is active now.
Hereon the SL as of now is 152.50.
But all the indicators are indicating a downside target of 125.
Trade active:
Todays high at 152.50, if closes above 152.50 for 15 mins we can close the trade.
Trade closed: stop reached:
SL hit.
Closed closed

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