VEDL Looks like ready to move UPPPPP Long

VEDANTA LTDNSE

Description

⋅ May 27, 2018 8:16 PM

I'm long @ 250 - ( 1 Lot ) - June Contract
SL = 215
TGT= 300
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Hoping for the best
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My reasoning = Previous Resistance and Support Level and currently bounced from a 0.786 level

Trade active

⋅ Jun 7, 2018 5:03 AM

Still holding the Long Position. Will exit at 270 hopefully by the end of this month

Trade active

⋅ Jun 15, 2018 2:06 AM

Still Holding.
Kinda sweating now :D

Trade closed: stop reached

⋅ Jul 30, 2018 4:28 AM

Got out of this with a Loss of35 Point..
What can i say.. you win some you loose some

Trend Analysis VEDL

Comments

rupeshmishra79

⋅ Jun 1, 2018 4:48 PM

i am long in option 260 ce @ 12, hope it will go to 22 in june expiry.

jackson_philips

⋅ Jun 7, 2018 5:03 AM

@rupeshmishra79, I'm positive that it will go up.
1. The charts are really strong
2. The new CEO has experience in handling these type of issues