vanathi

Trader's Queries - Vedanta!

NSE:VEDL   VEDANTA LIMITED
292 5 10
Price action looks like a rounding bottom for me. It may form a handle and create a cup and handle formation. When the price break 263 with significant volume we can confirm the direction of the movement.
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IS IT not a progap...the scrip unless there is tremendous buying pressure may come down..this is my take
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vanathi TOP Gururajr
@Gururajr, I agree :)
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If gap of April got filled then? I assume 287 should be the target......whts ur view
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vanathi TOP Saurabh_78
@Saurabh_78, You are right. Its the exact rounding bottom formation's target.
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Ok...thanks
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