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Vedanta Ltd.targeting channel resistance 240.00

Long
NSE:VEDL   VEDANTA LTD
Vedanta Ltd . has been trading in bullish trend and trading in a channel and seems strong enough to go further upside with a target of 240 as channel resistance. traders may go long on this stock slightly lower price for better entry price. It closed on bullish engulfing candle stick pattern which is good as buyer have taken control.

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