Vedanta Support Resistance (Buy Setup)

It is been observed on the Daily Chart that the price action firstly breaks above the strong resistance levels of 248 levels and then retested the resistance and confirmed it as strong support levels. Now, it shall further go up to next resistance levels at around 270 levels.

Target 1: 260

Target 2: 269

Stoploss: 248
Trade active
Comment: Breaks above the resistance level, made a fresh High,

Now, it shall further move to 267-270 levels.

Trade closed: target reached: Vedanta reaching All Time High Levels and reached previously marked levels of 270. Regards


Nice .....
+1 Reply
NeeteshJain RahulThorat
@RahulThorat, Thanks, I appreciate it. Regards
vedl stoploss hit..loss of 7350
ms555 vaibhav.rf
@vaibhav.rf, Mee to SL hit thrice in a row. Nitesh Sir please update the SL trigg.
+1 Reply
@ms555, I wanted to represent a buy setup more than a trade but I did activate the trade as well and I should have updated you on time. Apologies for not updating you on stop loss on time. Regards.
ms555 NeeteshJain
@NeeteshJain, Sir i too dont want to say this but you forgot to update not only in this but in RCOM &LUPIN too!
+1 Reply
ms555 ms555
@ms555, Regards.
@ms555, Yes, you're right and I shall surely be careful about it from now onwards. Thanks, Regards
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