VEDL trade ideas
Vedanta Channel Break OutBreaking the Trendline
Above-average volume
MACD cross-Over
RSI touching 60
Entry = 272
SL = 261
Target - 1 = 298
Target - 2 = 340
BUY VEDL (VEDANTA LTD) IN WEEKLY www.tradingview.com
PRICE : 188 TO 195
STOP LOSE : 173.9
TARGET : 221, 237, 258
VEDL wave analysisvedanta is in wave 4 correction of big wave 5,final wave 5 rally towards 311 is pending
VEDANTA Looks Good - Can try for 300Weekly trendline breakout can take Vedanta To new ATH.
After 300 it can go in a single direction.
Risk reward is favorable.
VEDL :: BULLISHATE: 6 JUNE 2021
INSTRUMENT: VEDL
TREND: BUY
TIME FRAME: DAY
CMP: 280.85
BUY ABOVE: 283
STOP LOSS: 269
TGT 01: 296
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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VEDL About to flyCheck out for VEDL about to fly. If It goes above the 300 , This would be mutli year break out. This can double in notime.
Vedanta looks bullish for investing perposeHey guy's vedanta at is very good position to buy, if they break treadline than go for long and if they break thripal buttom support then go for short .
VEDL, 1DOnce after triangle breakout trend taking support and will rally towards MP 304
Analysis for educational purpose alone.
Long Vedanta above 275 for target 310+ before expiryVedanta has seen good correction from upper levels.....weekly indicators are positive and according to fibonnaci retracement the points of retracement for 1st support have already been reached around 265.40 levels.....this stock can show strong reversal from this point and targets for week may be 300 while for shorts term of 2-3 months around 340-350 levels. Buying is recommended at current level . sl-264.80
VEDL Positional ViewStock had given a good breakout on weekly chart. Seems good to be positional in my view
VedantaLooking very weak and RSI have divergence in 15 min and 1 hour short below trendilne, can give big targets.
