ShreeKrishna

Expect One more move down

Short
NSE:VEDL   VEDANTA LTD
456 views
7
I am looking this will have one more move down

The scrip is in its last move down , One can expect this move to take place in two distinctive manner

01 ) It will be extremely sharp in price movement based on current structure that is possible

02) It will keep dropping very small by small by small in price movement

Which one will occur i have no idea , but this down move is coming , One can position for short sell set up and look to book in case of sharp move book at or before the target price , In case of small moves book with trailing stop method
Trade active
Trade closed: target reached: we did booked before EOD our short sell in Futures contract form 142 to 113

We made Good money 29 points per lot

Comments

may be
+2 Reply
sir, can I buy VEDL for deliver ?
Reply
ShreeKrishna sachet230
@sachet230, please wait for recent low to breech , it will go down for one more move below 107 before it makes a reversal on daily , once price moves down wait for strong close on daily , do not try to pic the bottom ,

Regards
Reply
ShreeKrishna sachet230
@sachet230, did you buy ?? i told you it will make on more move down before termination , you can start accumulation in case you are going for cash , Futures i will ask you to wait for daily close
Reply
rahilzav ShreeKrishna
@ShreeKrishna, Hi should i buy vedl can u tell the price range and stop loss
Reply
@rahilzav, You can buy the scrip , wait for complete bullish sentiment , and I am sorry i cant give more information on target and stop loss , You can subscribe my professional services in case you need complete guidance in trading & investments

Good luck
Reply
rahilzav ShreeKrishna
@ShreeKrishna, what are the professional services?
Reply
@rahilzav, Well i suggest you can go through the basic trading education by visiting Youtube channel called Your trading couch , You can learn basic charting methods and Western technical analysis where you can identify the target and stop loss , You do not need to ask anyone further once you understand the concept

Good luck
Reply