vedanta

TangoTrader22 TangoTrader22 PRO VEDL, 60, Short , 10 days ago
VEDL: Short on Rallies
127 0 7
VEDL, 60 Short
Short on Rallies

VEDL is very close to completing a 5 wave structure that started in Feb 2016. We are currently in wave 5 of 5, which should complete very soon. The stock has given almost 5x returns in 1 year, expect the correction to be relatively sharp.

ShobhitAgarwal ShobhitAgarwal PRO VEDL, D, Short , 7 months ago
VEDL: Vedanta Short
66 2 3
VEDL, D Short
Vedanta Short

Both Cairn and Vedanta are going to pull each other. Vednta has just broken 500DMA and will be a free fall from here until it finds support at 50DMA. Extremely rewarding trade with upside of 13% and stoploss of 2% CAIRN chart is corroborated with drop in USOIL prices. It is a high conviction trade.

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