One can check VEDL for 30+ % Gain as the chart is showing. it is symmetric triangle breakout but market is too volatile so please must have a SL near 20 EMA or as per your comfortable. but still the volume is not supporting as per the requirement.
CMP : 330
TG : 430
SL : Below 20 EMA
Disclaimer : It is my personal view as a trader and for educational purpose...
Vedanta looks in a lot of financial stress and shorters are now behind this stock. Coming days will be crucial and in my opinion, 250 should be kept as a stop loss in this share if you are already invested. Do not jump in unnecessarily.
NSE:VEDL
Vedanta ltd moving in a tight trading range for many weeks now and it have formed a resistance zone of 320-325
will enter the close above 325
other levels are marked on the chart.
I Hope you found this helpful.
Please like and comment.
Keep Learning,
Happy Trading!
Four point analysis in vedanta
1.vedanta has given a break out after multiple resistance.
2.still stock need to re-rest the level and give a nice candle .
3.there is gap to be filled in this stock.
4.stock is also expected to give good quarter
Vedanta
2009,2016,2020 came down from 400 odd levels to 60-70 range; commodity cycle maybe over...now whenever its come down to those levels can add for long term,
add can enjoy hefty dividend(all your investment will be recovered by dividend within an year buying around 60-70)
Disc:Not a Sebi registered
VEDANTA Posted on 29.11.2022 Stock ABOVE 304 TARGET 309 and today 01.12.2022 Stock Made a High 312 and closed at 310.
Target Hit
Happy Profitable Trading to All....
I am very much bullish on METALS But....
Considerations - 4Monthly Chart
Index in focus - CNXMetal
Details -
I have currently taken nifty metal's 4monthly chart, it means that it takes 4 months to form one candlestick
The timeframe will be quite large, the vision that I have might take 1-3 years time
Technically we can see the consolidation happening...
Nifty metal index completed triangle pattern and ready to break it's strong resistance, may give 6800 on chart which means metal stocks will boom like Tata steel, Vedanta, JSW steel etc.
VEDL as per Daily chart analysis stock Below 256 then Target is 246.
I have Bought Vedl and will continue to buy more stocks during this correction.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by...
VEDANTA as per Daily chart Analysis is in the Channel Pattern.
Shareholders of Anil Agarwal-led Vedanta will consider a proposal on oct 11 2022 to transfer ₹12,587 crore from
general reserves to retained earnings for further distribution as dividend to investors.
The special dividend of Rs 12,500 crore is likely to be Rs 33 to 35 per share.
Vedanta ltd --DAILY CHART -- Reasonable valuation
1. stock has bottom out around 200 sub level on daily chart as seen and currenetly trade at 262 level
2. stock has shrp correction form its high 440 sub level due to metal price correction in last 1-2 years as metal price bottom out now stock has good potential to trend reversal from current level .
3. as per...
Now the share vedanta inverse chart this is show strong bracdown in the share my view next adani group share, i am bullisg this share
( this is only for educational purpose)
