VEDL
ltd looking bullish upcoming days, yes I know 03 Aug. 23 was a huge selling volume but the 205 to 199 area would be a stop loss and the target would be as per blue and orange lines as a fib-retracement. As per me blue line indicates weekly time frames and the orange line would be the daily time frame. it's a little risky. stop-loss > 205 to199 .
Target >
***** The Blue line as per fib retracement at a weekly time frame, i believe the weekly time frame achieves our target.
** The orange line would be a daily time frame fib-retracement.
thank you.
this as per me, if you have any doubts please ask in the comments.
Comment:
guys see price, its 231, 208 to 231 its 23 points , i;m sure its gonna be 400+ in future .