ParamjitMahapatro

Dec 9, 2017 11:32 AM

vedl looks bullish in short to med term Long

NSE:VEDL1W

VEDANTA LTDNSE

Description

⋅ Dec 9, 2017 11:32 AM

In weekly, price at horizontal support and up trending lower BB, also hidden bullish divergence formed here,

In daily, regular bullish divergence is formed here,

with sl - 268 , 1st tgt - 343, and long term tgt - 470 as shown below

Trade active

⋅ Dec 15, 2017 1:13 PM

till now 298.

Trade active

⋅ Dec 21, 2017 5:29 AM

till now 316, cheers

Trade active

⋅ Jan 1, 2018 3:56 AM

going good, till now 328

Comment

⋅ Jan 6, 2018 12:10 PM

1st tgt of 343 already achieved here. now it at horizontal resistance zone.

Comment

⋅ Jan 11, 2018 4:06 AM

1st tgt already achieved here.

Comments

chiragz

⋅ Dec 10, 2017 2:02 PM

very good analysis sir...any view on lupin..pls share

ParamjitMahapatro

⋅ Dec 11, 2017 4:38 AM

@chiragz, thanks, regarding lupin, it is in strong downtrend in.tradingview.com/x/ZFr40V85/, we can see much lower levels here,

rameshilla

⋅ Dec 10, 2017 9:46 AM

Nicely explained. thank you

ParamjitMahapatro

⋅ Dec 10, 2017 9:47 AM

@ramesh8510, welcome :)

jsrpandey

⋅ Dec 10, 2017 8:53 AM

What is your view on Hindalco?

ParamjitMahapatro

⋅ Dec 10, 2017 9:46 AM

@jsrpandey, hinalco looks bullish, here is the link to detail analysis.

jsrpandey

⋅ Dec 10, 2017 10:49 AM

@ParamjitMahapatro, Technically it looks bullish, but metal is melting in global market so I am having my fare share of doubt, by the way holding a long position in Hindalco. Hope everything will go in favour.
Thanks for prompt reply.
Happy Trading

ParamjitMahapatro

⋅ Dec 10, 2017 11:03 AM

@jsrpandey, thanks for sharing, I wasn't aware of recent commodity price movement, yes lets see how it goes.