Vedanta definitely wants to see higher prices, now at level of support which was resistance earlier.....Any good news can propel this company to new heights.....My personal target is 1050.....I'm only investing 10% of my capital, will continue to add on every negative day or any price below my average cost......you can start adding little by little from today...
This is a Simple Price Action Analysis of $NSE:VEDL. In NSE:VEDL Price has broken the downtrend and started a new Up-Trend by creating Higher Highs and Higher Lows. As a W-shaped recovery is forming, my expectation is Price will go up to 857.20/- (Based on Fibonacci calculations)-. This will be approx. 262.45% Return on Investment. We can Buy on every...
1) can long at 240 sl 233 2) can long on cls abv 246 sl 233 swing
Vedanta has been in news for some time now for many reasons. Looking at the medium-term chart it is looking for quite weak ... with the support line at threat .. looks like Vendanta may be moving to double digit over the period... once the trend line is broken
Vedanta Ltd breaking it's very long resistance line, now onwards will increase and reached 300 in long
Vedanta - it just broke the previous down trend channel marginally. Confirmation will be at strong break of 288.40 for a nice swing to 295 - 300 - 318 (strong resistance), break of which can take to 338 +. Current support levels 278 - 276 - 267 - 248. Short term positive (week and medium term (1Qtr) also positive.
NSE:VEDL is near its Downtrend line. Trade can only be taken after candle closing above the trendline
We have a Super strong Fundamentals as they have recently acquired the semiconductor firm. Also the Price has reacted to a Weekly Demand and Now has also started violating Supplys and respecting Demands hence Buying as the Reward to Risk ratio is favourable.
NSE:VEDL Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level. Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL. SL...
Price has reacted to a Weekly Demand and has confirmed an Uptrend as per the Daily chart, Yesterday Price gave a pullback into a Daily Demand with an amazing reward for the risk. ENJOY THE RIDE ! ! !
Vedanta is at critical support now standing at one of the Fann angles which has been its support for a long time By forming HL, it is expected to bounce back from next week onwards considering the bullishness in the metal sector.
Price has a Monthly Supply formed and has to reach it in order to continue the downtrend, Therefore we have a Weekly Demand which will drive the Price till the Monthly Supply area, the Reward to Risk ratio is 3:1 ENJOY THE RIDE ! ! !
Again VEDL on trend. Watch the lines for probable reversal. For educational purpose only.
#VEDL.. ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
#vedl - hourly break out - very small SL - short term trade. PS :Only for learning purpose.
On the way to 293, or more? Lets see. For Educational purpose only.
May touch 293 levels, in hope of good dividend. Result expected as per our team's research seems to be at neutral to negative. For study purpose only.