mohanw
Long

NSE: Vedanta possible bounce back to 210

NSE:VEDL   VEDANTA LIMITED
NSE: Vedanta
After fall from recent high 244 to sub 190 levels, possible pullback insight
Possibly buy at current levels with stop loss at 175 and target of 210 and 220.
Price is trying to bounce back from oversold levels.
Trade closed: stop reached: Though company fundamental are good and also growth prospectus are good, the recent unexpected fall is due to some management fund transactions that has raised concerns.
Every body is seen it as risk, resulting in sell off.
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