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vanathi
Sep 3, 2017 7:27 AM

Trader's Queries - Vedanta  

VEDANTA LTDNSE

Description

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.

Comment

Vedanta still at resistance!
Comments
Shashi_Y
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 :)
vanathi
@Shashi_Y, It is at resistance. It may form handle pattern. Lets see :)
Bravetotrade
Nice 👍
vanathi
UnknownUnicorn646072
princess vanati is now renko swing trader
vanathi
@rupambose32, Renko chart looks very neat. So learning it :)
hotpot64
@vanathi, Does renko also have some patterns like we have for candlesticks ?
vanathi
@hotpot64, Renko chart reduces noise and give clear support/resistance levels. Yes they have similar patterns like candlesticks.
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