VEDL - Possible Rangebound
Stock currently in range of 460-430
Also in VCP
Break of this range immediately is not possible
Even if it breaks it has strong resistance & support zones at 475 & 400 respectively
So it becomes perfect options candidate
Since this month premiums are already absorbed can try next month only if it has enough liquidity
Also in VCP
Break of this range immediately is not possible
Even if it breaks it has strong resistance & support zones at 475 & 400 respectively
So it becomes perfect options candidate
Since this month premiums are already absorbed can try next month only if it has enough liquidity
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.