Hemraj Prajapat Trade Plans: Buy Above 138.95 with the Stop Loss of 136.9
VEDL Vedanta Cboe 1D up to 15FEB19 Trading Analysis (TA) 1D Chart, Vedanta Limited ADS Each Repr 4 Ord SHS SPOMS (VEDL) dropped down after giving up trying to cross over the 100/200 MA signals, now is lying still bleeding below the 30 RSI line and the MACD far below the Histogram trying to recover before rising its head again from the $8.44 toward the $10s or...
NSE:VEDL is trying to get back from a fall by gaining from a 52 Week low 221.60 but it still continue in downward. It struggling more to get back if it opens above 240 in coming week it ll'be back to uptrend. 240 is a breakout point.
VEDL Positional Trade for Target of 325! SL 278! Good Risk Reward Short term Trade!
VEDL has been in correction phase after the impulse move and is experiencing resistance on the upside. if it breaks through that pattern downside, it may fill the Gap and moreover it can test the 230 Whole number . If it breaks to the upside, Then the trade will become invalid. Enter According to the price action.
Today Place SHORT SELL order @230 (Support) and take profit @228. Since VEDL is in downtrend, it will break support level.