Vedanta has always been in the News for multiple factors - both Positive and Negative
Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks
Multi-Year Box Breakout:
16 Year...
NSE:VEDL Vedanta looks promising and ready for upmove, Cosidering the global scenario and the rise for demand in copper and semiconductors. Vedanta stood strong and our charts also shows a leg up trajectory.
VEDANTA chart have successfully bounced from 0.618 Fibonacci forming a double bottom pattern and currently trading at 269 which is again at weekly support of...
Vedanta has always been in the News for multiple factors - both Positive and Negative
Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks
Multi-Year Box Breakout :
16...
Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE.
Its other businesses includes...
VEDL has crossed the resistance with a strong candle and this move is supported by volume as well. It might move to target marked in some time.
Stochastic has changed its direction, and started moving up. It can also be an added confirmation of a positional buying setup/ investment.
Simple charts, so that, everyone can understand. I'll be posting more such ideas...
Stock name - Vedanta Limited.
✅#VEDANTA trading above Resistance of 358.
✅Next Resistance is at 430.
✅Moved 40% in 18 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for...
Looks like vedanta is moving towards the following targets. 460 as the first target and 645 as the next target in 2-4 years, lets see if this works
Target 1: 460
Target 2: 645
Support: 250
Stock name - Vedanta Limited.
✅#VEDL trading above Resistance of 244.
✅Next Resistance is at 284.
✅Moved 24% in 16 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for...
Vedanta Limited is an Indian multinational natural resources company that primarily operates in the fields of oil and gas exploration, production, and processing; metals and mining; and power generation. Vedanta Limited is a subsidiary of Vedanta Resources Limited, a global diversified metals and mining company.
Buy NSE:VEDL
CMP 310
TP 342
SL 286
Vedanta Ltd. is a natural resource company, which engages in the exploration, extraction, and processing of minerals, oil, and gas properties. It operates through the following segments: Copper, Aluminum, Iron Ore, Power, and Oil & Gas. The Copper segment focuses in custom smelting and also include a copper smelter, a...
Hey folks!
Marked few important level which can be used in this week.
I am expecting some bullish move with traget a small stoploss.
Buying area is a good entry point and stoploss is necessary.
Use this with your analysis too have an edge.
Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊
Remember, my analysis is a...
