NeeteshJain

Vedanta Support Resistance (Buy Setup)

Long
NeeteshJain Pro+ Updated   
BSE:VEDL   VEDANTA LIMITED
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.

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