TGT and SL
It is observed that Vedanta is moving in an . So lower is support and per is Resistance. So it can breakout either ways. So watchout for the breakout. Tgt after breakout would be the height of channel, in this case is 25 pts. since it is a long channel, breakout would be more reliable. Also you can observe that during the entire channel, has hit a low of 52. So we can keep a SL of of 52 as well. Also by going long we would be riding the trend
Disclaimer: I am a novice at charting and this chart is for educational purpose purely. Views and opinions are most welcome.