Right now we are going to analysis the script VEDL
Script was in the Long Trend.
Script was touched the Area of Value with confluence to EMA50 & EMA79 which acts as dynamic Support and Horizonal Support 260.
in Daily, 2hr and Weekly was in the oversold region .
was also in the Oversold area
was in the peak at ATR.
Trend was in the uptrend and pattern was formed which was braked and retested now.
CPR : Script was in the range of CPR . CPR was Bias.
Based on the above:
We are on VEDL .
Buy: Tomorrow Open Price
Target - Previous Swing High & Trail your SL further.
SL: 276 - 1ATR
EMA50 and EMA79: Dynamic Support
295 exact from where it witnessed resistance..