With commodities moving sharply after the US announced the new Infra bill.. Ved could break above the channel. Long above 325. SL 315 Target 350. Its a short term trade of of upto 5 days.
At that point vedanta could trigger a massive positional trade with a box breakout (resistance between 350-355) But we would have a nice margin of safety from this lower buy. Would double the position above 355
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.