VEDL having strong RSI

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VEDL             having strong RSI showing uptrend from here..SL 217 , Target 250+. Kindly share your view on this..
Trade closed: target reached
Got news that forecast result is good on Monday.. Crossing fingure that will help stock to move ahead..
Also watch it respects 200DMA and dont short at this level
If u draw trend line current price has broken it down so I guess it's down trend still till 208 before it actually starts to move up. Today it tried to go up but failed I consider it as weakness. Also before saying that it is strong I ll wait till RSI crosses 55-60 mark
PR5999 nanosoft
@nanosoft, may be but untill that u lost the rally.. so in market risk should be taken...With minimum damage...
@PR5999, u r correct
PR5999 bearishbull1968
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