vanathi

Trader's Queries - Vedanta

NSE:VEDL   VEDANTA LIMITED
377 8 21
Vedanta             is at the resistance zone 315 - 320. To break the resistance stock may retrace, go sideways or open gap up. Keep it in watch list. Good investment stock. Consult your financial manager before investing. For investment targets , I expect this stock to gain 100 to 150 points in one year. For trading I will post after the resistance is taken.
Comment: As per renko chart 307, 325 are reistance levels.
snapshot
Comment: Vedanta still at resistance!
I am short at it on 318 levels using Put options.I am expecting retracement up to 304 at least. Your bullish idea is making me worried now :)
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vanathi TOP Shashi_Y
@Shashi_Y, It is at resistance. It may form handle pattern. Lets see :)
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Nice 👍
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vanathi TOP Bravetotrade
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princess vanati is now renko swing trader
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vanathi TOP rupambose32
@rupambose32, Renko chart looks very neat. So learning it :)
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hotpot64 vanathi
@vanathi, Does renko also have some patterns like we have for candlesticks ?
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vanathi TOP hotpot64
@hotpot64, Renko chart reduces noise and give clear support/resistance levels. Yes they have similar patterns like candlesticks.
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