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Vedanta

VEDL India - This one goes onto top of the tracking listVedanta has a few things going for it Bears tried to bring the stock down a few months back and failed. News of fund raising kept it high News of capital efficiency is coming in and news of a new fund raise by selling off steel assets COnsolidation on a weekly and daily basis - the stock seems to be waiting for some news Results will come soon but the last 2 results have been fairly irrelevant - this is now a special situations play Am tracking this stock closely - any upshift in momentum with volumes is a cue to get onborad Disclaimer - Trading is inherently very risky and by some estimates 95% of traders lose money. The ideas professed here are only for education and information - they must not be construed as investment advice. Please do your own research before putting any of your capital at risk.
NSE:VEDLLong
by kunal_finner
1
neutral to bearish toneVEDL is neutral at the moment with both bullish and bearish signs 1. a long term 600%+ rise - bull 2. 51 % correction from top - bear 3. classic bull divergence between rsi and price - bull 4. minor hidden bearish divergence between rsi and price 5. a down flag/pennant consolidation 6. RSI is in downtrend the price is moving with contracting bases challenging the resistance forming an ascending triangle but it got invalidated by a sharp fall, a sell on rise till the resistance taken out decisively.
NSE:VEDL
by PraffulAgarwal
1
Vedanta At Breakout ?Vedanta's stock may be reversing its downtrend and starting an uptrend. Technical analysis shows a potential reversal head and shoulders pattern forming in the stock chart. This pattern signals a possible trend reversal when a stock is in a downtrend. It consists of three peaks, with the middle peak being the highest and the other two being lower and roughly equal in height. The pattern is completed when the price breaks above the neckline. Vedanta's stock chart shows a formation that resembles the reversal head and shoulders pattern. If the pattern is confirmed and the price breaks above the neckline, it could signal the start of an uptrend.
NSE:VEDLLong
by mmandeepkumar2001
3
VEDL for 30%(approx..) Gain 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 only. Equity market involves risk . Please consult your financial adviser before taking any decision.
NSE:VEDLLong
by SthitaprajnaYogi
NIFTYMETAL Bullish But....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 at a larger time frame near to 52 weeks high A flag pattern and a correcting RSI If we manage to break the current ATH then we may see a mega bull run in metal sector irrespective of the commodity price, which I feel have bottomed and will consolidate at current levels. Only concern is ADANI Enterprise, it has the highest allocation in the sector. Also it is trading at a very very high valuations. It is having an RSI of 97 on 4M candle, I see the correction will be there in next one year or few months. I AM SHORTING FOR SURE! I feel that the core metal producers will have an upper hand in this rally and not ADANI BUT.....This is valid if the metal index does a break out above ATH Top constituents by weightage Tata Steel Ltd. 20.41 JSW Steel Ltd. 15.83 Hindalco Industries Ltd. 14.76 Vedanta Ltd. 7.80 Jindal Steel & Power Ltd. 4.56 APL Apollo Tubes Ltd. 3.90 Steel Authority of India Ltd. 2.83 Hindustan Zinc Ltd. 1.79 National Aluminium Co. Ltd. 1.57 I am bullish on GPIL and VEDL Disclaimer - Please DYOR, Don't take any position based on the above calls.
NSE:CNXMETALLong
by Cryptified_Soul
VEDL - SWING TRADING - 26.09.2022 - BAHAVAN CAPITALVEDL 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 consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183. I have Bought Vedanta and will continue to buy more stocks during this correction. Happy Profitable Trading to all.. Happy Navaratri wishes to All...
NSE:VEDL
by UnknownUnicorn19608572
VEDANTA LTD---AT Reasonable valuationVedanta 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 chart setup 240-250 is strong support zone for stock and trendline seen support at current level Buy for 255-260 level target 280-300-320 + in short to mid term ( 3-6 month period ) Stop loss can place bellow support line 225 4. positive divergence seen on squeeze momentum indicator which is bullish sign 5. stock currently trading above 21, 50 HMA on DAILY chart . 6. DAILY RSI AT 58 level currently above 60 will extream bullish momentum , macd above center and signal line . 7. Valuation IS Reasonable now at risk to reward ratio . will be 1:3 ( stop loss 30 Rs and projected profit margin 100-120 from current levl) ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk HAPPY TRADING .!
NSE:VEDLLong
by champtrade111