Bullish Charts with Inverse H&S formation Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
BTST IN VEDANTA SEPT FUT BUY@240.5 STOP@237.5 TASRGET@246 LOT:1750 QTY:1
Vedanta has been in a downtrend for sometime, despite strong fundamentals, amid global pressure on metals due to trade war and other macro-economic factors. We're in a squeeze and a break above the resistance trend line could deliver a great buying opportunity for this natural resources stock.
Bullish MACD . Levels mentioned on charts .
Enter with stoploss of 205. Forget the target, a real turn would take it long way.
SWING TRADE IN VEDL AUGUST FUTURES 50-DMA CROSSOVER BUY@231 STOP@223.5 TARGET@240 LOT:1750 QTY:1
VEDL - Probability of Shark Pattern Long term support stands @200 Near term resistance at 217-218
BTST IN VEDANTA JULY FUTURES BUY@232 STOP@227.5 TARGET@242 LOT:1750 QTY:2
POSITIONAL TRADE IN VEDANTA JULY FUTURES BUY@230 STOP@225 TARGET@242.5 LOT:1750 QTY;2
STBT ON VEDANTA(CONDITIONAL) JUNE FUTURES ONLY SHORT IF CLOSES BELOW 242 SHORT @241 STOP @244.5 TARGET @238 LOT:1750 QTY:2
BTST ON VEDANTA JUNE FUTURES TRADE BUY @247 STOP @244 TARGET @252 LOT:1750 QTY:2
2ND TRADE CALL BUY @252.5 STOP @246 TARGET @258 LOT:1750 SUGGESTED:2
GOOD PATTERN CANDLE TO BUY JUNE FUTURES TRADE SWING TRADE BUY @250 STOP @239.5 TARGET 1@264 TARGET 2@275 LOT:1750 SUGGESTED LOT:2
Short VEDL below 301 T1: 290 T2: 282 T3: 275 SL: 314