This Breakout took 14 years to happen | VEDL ⭕️Equity Traders Alert ⭕️ Long-Term Investing Journey!!!
Looks set for more gains! 📈 Strong technical signs suggest the stock could keep rising, so it’s worth keeping an eye on for potential opportunities! 🚗💨
⭕️Price Action Analysis Alert !!!⭕️
💡Equity Stock Trading📉📈📊
✍️Technical Reasons to trade or Strategy applied :-
✅ Upside Trendline Breakout
✅ Major Demand Zone
✅Tight range seen before Bo
✅Strong Chart Pattern (Rising Wedge Pattern)
✅Multi-TF Analysis
✅All-Time-High Breakout(10/14 years)
✅Strong Volume seen
⭕️Some News of Vedanta⭕️
👉Vedanta to consider fourth dividend for FY25 on October 8.
👉Third dividend approved on September 2; payout ₹7,821 crore.
👉Expanding nickel sulphate production.
👉Issued $900 million bond at 10.875%.
👉₹1 lakh crore investment in Rajasthan.
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Vedantatrend
Breaking Out Major LevelsNSE:VEDL is breaking out major levels on a Monthly timeframe in a rising channel on dividend news although this is a Cycial and not fundamentally Sound Company.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.