johntradingwick

Vedanta - Bull flag + Symmetrical triangle. BO soon!

Long
johntradingwick Updated   
NSE:VEDL   VEDANTA LTD
Key Highlights:

1. Potential change in MS underway
2. Still in consolidation mode
3. Symmetrical Triangle pattern
4. Flag & Pole formation
5. Early entry will give a better RR ratio
6. Support zone: 262-267
7. Target: 296, 320, 332, 350. Stop loss: 263

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Comment:
Trade can be re-entered.

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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