VEDL SWING TRADE ... BLAST PSBL KEEP FOLLOW SL AND TARGETS
Stock is less than 3% away from 52 week high and has been consolidating within a tight range of 4% for whole of last week. Average 10 day volumes of around 22M. If stock breaks above last week's high on decent volumes a buy could be initiated with SL 10% away.
NSE:VEDL buy above current black line sl that below black line and trailing target is above red dash lines. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
As per weekly and monthly charts, Vedanta has strong support at 130 levels, thereafter fresh upmove can take it to 190 levels
on hourly chart vedant shows divergence . 1.RSI in negative territory. 2. MACD going downward 3. symmetrical triangle pattern. although market is bullish but hence not try to short.
NSE:VEDL cup and handle. also a good entry above previous intermittent high of 142.
HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
i'm just a beginner if anyone could comment anything about my analysis it would be highly encouraging to me
Price after taking support from the channel bottom which is around 122 levels now once again reached the resistance level of 135. Script is looking bullish and in a single shot it might reach the channel top of 145. Risk takers can go long now with small stop. !!
Vedanta at the resistance zone on daily chart and bearish engulfing reflecting near term downside.
What's going on guys!? Hope you all are keeping yourselves safe and minting money in the past month's bull run of the market. Been quite some time since my last post, I hope I will be regular in with my future analysis for you moving forward. I see a buying opportunity in Vedanta and in this post, I want to bring your attention to what I see as a fairly good...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
VEDL was moving in a channel now it has given breakdown to that level. We will short it at levels drawn on chart
since the market has some huge buying pressure please go for long
This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I- have all the rights to be wrong on my views :)
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Bearish Rejection at 407, wait for market open to see more rejections and as I said don't just dial, take a call, risk to reward is good on this one. Protect your money and use proper risk management. About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million...