Hello Frds ,
VEDL looking weak and buyer liquidity shortage once new buyer enters seller will strongly active hence keep a short trade for target 220 - 210 stop loss 245 Rs .
current prices 232 Rs .
Note: this suggestion for educational purpose only.
29-11
Daily chart of VEDL1!
LTP: 301.80
Pattern (manual) looks like a bullish ascending triangle with neckline at 321.45.
Resistance at 321.45 (manual)
Support at 295.75 (200 EMA) and 280.45 (manual S&R)
I think it is a good buy as the trend (manual and 200 EMA) is bullish.