NSE:VEDL entry above 302 if sustain. first 306-308, 311 ++ short term
VEDL Buy-Above 310 Sl-290 T- 345 360 390 Steel Sector has more fuel.
NSE:VEDL VEDL will be bullish after it crosses and trade above 276. Also it is trading in uptrend channel. --For Intraday buy above 276. And Targets mentioned on charts are for Intraday purpose. --For Positional Trade, buy above 276 only and keep next target 296 as per Fibonacci levels. --If it breaks down the channel then it will go to test the demand...
Stock is currently forming a falling wedge and descending triangle pattern and is showing signs of support at 264-265 levels on a 1Hr time frame. If the pattern is broken on the upside till 275 could be seen. Upon breaking, 275 levels of 280 and 287 will be the next target. Upon breakdown, a fall till 253 and 250 can be seen. You can follow my blog...
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.
VEDL was moving in a channel now it has given breakdown to that level. We will short it at levels drawn on chart
Wait for trend line break and level given.
Buy VEDL at 150-154 level, target of 169.80, 1-2 weeks time.