VEDL Lokking for long
Updated
Overall vedl is in positive direction.
We can see rock solid RSI
MACD attitude also positive.
It has already print 3 top @ 245.
Whenever it touch 200 moving average it get bounce from there.
Right now VEDL playing in its range and very near to 200 MA.
We may see 223-225.. and bounce from there.. It may go 245 if break 248... then next target would be 275
Guys let me know your opinion. Or if you like this then pls hit a like button. It will help me to more study/analysis.
We can see rock solid RSI
MACD attitude also positive.
It has already print 3 top @ 245.
Whenever it touch 200 moving average it get bounce from there.
Right now VEDL playing in its range and very near to 200 MA.
We may see 223-225.. and bounce from there.. It may go 245 if break 248... then next target would be 275
Guys let me know your opinion. Or if you like this then pls hit a like button. It will help me to more study/analysis.
Note
Chart says ... we are on the track!Note
239.. making new highTrade closed: target reached
245... book profit.. and watch if cross 248.. then we will catch it againNote
it has crossed 250 successfully. lets ride again for 270
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