praveen.bhatiya

Trade possibility : Descending Broadening Formation

NSE:VEDL   VEDANTA LIMITED
The Stock has nicely formed the "Descending Broadening Formation" which could be used for trading. How to trade it : if it breaks the upper horizontal line and stay there for some period one can go long. If it gives false breakout and come back immediately to the the upper line one can short the stock. Good Luck
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