ontropronor06

Pennant Pattern on VEDL Daily

NSE:VEDL   VEDANTA LTD
RSI is testing 50 line. MACD is not posting. Wait for breakout. and Indicators to turn positive.

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vedanta 280 call, buying price was 13, today(8.6.21) closing price was 7.75, wht should i do.. (June expiry)
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ontropronor06 foreignFerret47269
@foreignFerret47269, Stock Trading in a range, For a positive move breakout has to happen soon For your contract to be in profit. No positive signal yet on chart.
But there is some positive news about VDEL taking over videocon. Still, you have at the beginning of the month that's why premium paid is too high.
Don't hold this option below 260 in the spot market. Only breakout on the chart turn it into profit now.
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