VEDL trade ideas
Breakout Alert: VEDL is About to Surge!Despite a recent decline alongside major indices, VEDL is now showing significant strength. 📉➡️📈 Indicators suggest a bullish reversal is on the horizon. It has found strong support, coupled with increasing trading volumes. 📊 Positive technical signals, along with favorable market conditions, hint at a potential breakout. 🚀 Investors should keep a close watch as VEDL is poised to transition into a robust upward trend. 📈💼
A potential 1:2 RR trade.
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Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
Vedanata LongVedanta
MTF Analysis
VedantaYearly Demand 171
Vedanta 6 Month Demand Breakout 340
VedantaQtrly Demand Breakout 340
VedantaMonthly Demand 410
VedantaWeekly Demand 418
VedantaDaily Demand DMIP 486
ENTRY -1 486
SL 474
RISK 12
Potential Target 644
First Target Points 613
First recovery Target Points 139
Last Swing Low 366
Last Swing High 505
RR 12
RR 33%
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Its also dividend paying stock.
Vedanta Limited Bullish ( Range breakout daily chart)Vedanta ltd (VEDL) is bullish for next few days or weeks.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.
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Vedanta upside target 440, 460Vedanta has been trading in a narrow range for the last two and a half months, the stock is continuously forming a base on the lower support of this range from where a pullback can be expected, the stock may rise to 440, 460 and 480 in the short term. Targets can be seen.