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nano6yogesh
Jul 23, 2018 1:25 PM

Vedanta – Bottomed out ? Long

VEDANTA LTDNSE

Description

The entire Metal index has been hammered for a long time now, especially VedantaNSE:VEDL which is amongst the worst hit stocks.

I can see some green shoots emerging today with the stock giving a falling wedge breakout and rising RSI.

Good opportunity to go long here with a small stop loss for a first target of 222.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Comments
nano6yogesh
Achieved the first target today !!
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