VEDL | Bullish Channel | Rising Wedge | Short Term Trade

VEDl formed billish channel or rising wedge . Wait for breakout it may take time as energy sector shows slowdown , 1st target = 148.20 and 2nd target = 171.55 target is totally based on resistance levels
This stocks hold a Major Support Zone .The Lot size = 6200
For early entry prefer daily chart .
118.55 can act as a reversal area . RSI is also supporting

Comment:

62,000 profit running per lot

Comment:

because of delisting it fell like this but now it's rejected

Comment:

1 st target is reached

Trade closed: target reached:

2nd target is reached