I-Fund-Trader

Big Move Coming up , Long

Long
I-Fund-Trader Updated   
NSE:VEDL   VEDANTA LTD
Now this scrip has a Very Big Move in coming days/ Months , i am potentially looking to GO long on reversal on daily candle , i understand buying at reversal point has very low risk and probably i will stay with trend for longer period then any one will try to stay with trailing the stop
here is another words for you Guys , now time factor i dont know , because few asked me about how long it will take for few of my posts , time is not known to me at least if you Can Gauge it Good for you ,
I will be looking invest in cash as positional trade and let it run for couple of months
One more point i will like to say is that price do not move in straight , so hope you guys will take profit on interim basis and then add position on reversal basis
Trade active
Comment:
the move is not significant to say its impulsive , its coming down for one more drop , You can look to exit at cost wait until it completes its last drop
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.