Vedanta: Negative Divergence. Be ready to sell.

Apr 29, 2021

Vedanta is forming a clear negative divergence on Price vs MACD. A reversal is imminent. Keep a finger on sell button. Levels of 190 could be tested.

May 9, 2021

Note

Unusual movement in the metal prices in the global market has given extreme momentum to all metal stocks. While a short term reversal is imminent, a pull back to 245 levels could present fresh buying opportunity.