Singh_Siddz

VEDL Doji at Resistance

Short
NSE:VEDL   VEDANTA LTD
150 views
1
VEDL has formed a Doji Candle at resistance. Presenting good risk to reward.

From Current Market Price.

Risk- 4 Rs , Reward 10 Rs .

Go short till SL is saved, If taken out then it can reach 240.

Comments

Seems like you are using pivot points. Am i right ? or perhaps fibonacci retracements ?
Reply
@Basty, Yes...well its Fibonacci Pivot Points...and SL should be today's high...
Reply
what is the SL?
Reply
Basty abhishekm83
Reply
Basty abhishekm83
@abhishekm83, sorry its 236 thereabouts
Reply
@Basty, Thanks
Reply
Ok
Reply
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