VEDANTA : Swing Trade#VEDL #Swingtrade #trendingsetup #volumedry
VEDL : Risk Reward - 1:2
>> Trending setup
>> Volume Dried up
>> Momentum pick
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
VEDL
Vedl- Bullish from short term to very long termVedanta- First sign of bullishness shown after two months of fall. Always the lower timeframes indicates the change in trend. So lets start from the smaller timeframes.
1. 15 mins- Low to high and higher low is the first indicator of the bullish trend which can be seen now. Higher high and higher low is not formed clearly still as they are almost at the same level to their previous highs and lows.
1 hour- Formed double bottom because of the same levels of previous highs and lows in the 15 min timeframe. Breaking the resistance of 472 will take it to the target of 490 which again unleashes the Rounding bottom pattern.
Daily- After breaking the Rounding bottom pattern, the target of 533 will be achieved with the intermittent targets of 500 and 520. Weekly- Reaching each and every resistance will unleash the bigger and bigger rounding bottoms with the higher targets until 600 and 670 intially.
Is VEDL Ready to Soar? Elliott Wave Analysis Suggests YesTechnical Analysis of VEDANTA LTD. (VEDL) Based on Elliott Waves
This analysis is based on Elliott Wave theory and is for educational purposes only. It does not constitute financial advice.
Elliott Wave Analysis:
The provided chart of VEDANTA LTD. (VEDL) suggests a bullish trend based on Elliott Wave principles. The analysis identifies a potential impulse wave structure, which typically consists of five waves.
Elliott Wave Analysis Update
We're currently within Wave (3) in blue intermediate degree, with subdivisions marked as Red 1 to 5 Minor degree, Having completed Red 1 to 3, we're nearing the end of Red 4.
Key Takeaways:
1. Post-Red 4 completion, we expect an upward move to complete Red 5, targeting 1.618 Fibonacci extension (measured from Blue Wave (1).
2. Wave 5 (Red) is the final leg of Wave (3) in Blue which is of intermediate degree.
3. Overall, the outlook remains bullish.
Important Principle:
As per Elliott Wave Theory, Wave 4 cannot overlap Wave 1. This means Red 4 cannot enter the territory of Red Wave 1.
Nearest or current Invalidation Level:
If the price enters 471 (Wave 1 high), our labelled view will be negated, and we'll need to reassess the chart.
Expected Outcome:
If the invalidation level holds, our view remains intact, targeting 537 or nearby.
Actionable Insights:
- Monitor Red 4 completion
- Watch for Wave 5 unfolding
- Keep 471 as the critical invalidation level
Right Direction:
The annotation "Right Direction ↑" suggests that the overall trend is expected to be upward.
Invalidation Level:
The level of 424 is identified as an invalidation level. A break below this level would negate the bullish outlook and suggest a potential reversal.
Target:
While a specific target is not provided in the chart, a potential target for wave 3 could be around the 1.618 extension level (537.55) based on the length of wave 1. However, this is a rough estimate and subject to change based on market conditions.
Overall Outlook:
Based on the Elliott Wave analysis, VEDANTA LTD. (VEDL) appears to be in a bullish uptrend. The market is expected to continue rising, with a potential target around the 537.55 level. However, it's crucial to monitor the price action closely and be prepared to adjust the analysis if the market's behavior deviates from the expected pattern.
Remember: Elliott Wave analysis is a complex tool that requires practice and experience. It's essential to approach it with caution and always consider the potential risks involved in trading.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
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.
💡Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
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.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
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.
VEDL looking good on monthly timeframeVEDL has given a breakout at 507 on a monthly timeframe. The stock has been making higher lows since Jan'20 with rising volumes. Upside potential: 40-50%. Stop loss: 470. This is not a buy/sell recommendation. Research carefully and invest at your own risk
Technical Analysis of LME INDEX Based on Elliott WavesTechnical Analysis of LME INDEX Based on Elliott Waves
The information provided in this response is based on the analysis of the Elliott Wave chart and does not constitute financial advice. The author is not responsible for any investment gains or losses incurred by individuals who rely on this information.
Elliott Wave Theory is a technical analysis method that identifies recurring patterns in financial markets. These patterns, known as Elliott Waves, are based on the idea that human psychology and behavior drive market movements.
Key Elliott Wave Principles:
Five-Wave Impulse: A five-wave pattern that represents an uptrend or downtrend.
Three-Wave Correction: A three-wave pattern that represents a pause or reversal in the trend.
Fibonacci Relationships: Numerical relationships between different waves, often expressed as ratios (e.g., 0.618, 1.618).
Analysis of the LME INDEX Chart:
Based on the provided Elliott Wave chart, it appears that the LME INDEX is currently in the early stages of an impulse wave structure. This suggests a strong uptrend is underway.
Specific Observations:
Wave 1: The initial upwave has likely been completed.
Wave 2: A corrective pullback also looking done.
Wave 3: The next wave is expected to be a powerful extension of the uptrend.
Impact on Commodities and Indian Metal Stocks:
The LME INDEX is a crucial benchmark for the metals market. Its price movements can significantly impact the prices of individual metals and related commodities. Indian metal stocks, such as Vedanta, NALCO, and Hindustan Zinc, are directly influenced by the LME INDEX.
Educational Purpose:
It's important to emphasize that this analysis is for educational purposes only and should not be considered as trading advice. The financial markets are volatile, and past performance does not guarantee future results. Investors should conduct their own research and consult with financial advisors before making any investment decisions.
I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
VEDL - Cup and Handle breakout - wkly This chart shows the long-term price action of Vedanta Ltd stock from 2008 to 2024. Here's an analysis of the key points:
1. Overall trend: The stock has shown a long-term bullish trend, forming a large cup and handle pattern over several years.
2. Price levels:
- Current price: 501.75 INR
- Historical high: 506.75 INR
- Historical low: 58.15 INR
3. Key resistance level: There's a significant resistance level at 428.35 INR, which the stock has recently broken through.
4. Cup and handle formation:
- The cup formed from 2010 to 2021
- The handle formed from 2021 to early 2023
- The stock has now broken out of this pattern, suggesting potential for further upside
5. Recent breakout: The stock has broken above the previous resistance at 428.35 INR, which could now act as support.
6. Volume: While volume information is limited, there are some spikes visible in 2020-2021, possibly correlating with increased interest in the stock.
7. Price targets:
- A longer-term target is shown at 797.59 INR, based on the cup and handle pattern projection
8. Current momentum: The stock is in a strong uptrend, having broken out of the cup and handle pattern and surpassing previous resistance levels.
9. Potential support: The previous resistance at 428.35 INR could now act as support if the stock pulls back.
This chart suggests a bullish outlook for Vedanta Ltd, with the stock breaking out of a long-term pattern and setting new highs. However, investors should be aware that past performance doesn't guarantee future results and should consider fundamental factors alongside this technical analysis.
VEDL Chandi Jaisa Rang Hai Tera Ghode Jaise Chal VEDANTA (Shines like Silver & runs like a Horse)
VEDL is in a Bullish impulse wave since Covid bottom & did a golden retracement in wave 2 in from 440.75 in April 2022 to 208 in Sept 2023 now Wave (3) has started & we are about to complete wave 1 of (3) what should follow is Wave 2 correction in Wave (3) so 560-570 should be levels to be cautious on upside for a pullback of the impulse started from Sept 2023 bottom.
The larger structure remains bullish a 3 wave or 7 wave pullback will be the zone to create fresh longs.
(Note VEDL is positively correlated with silver which is also in bullish structure)
Vedl - Expecting a bounceStock at fib retracement levels
Downside risk limited
Risk to reward favorable
View negates below 440
Upside tgt 510++
Breakout + Crossover - VEDL📊 Script: VEDL
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is giving breakout on Monthly Time Frame.
📈 MACD is giving crossover.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 473
🟢 Target 🎯🏆 - 519
⚠️ Stoploss ☠️🚫 - 452
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
VEDL - Ichimoku BreakoutTradingview :
📈 Stock Name - Vedanta Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 460.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #vedl
Monthly Chart Breakout - Positional Trade - VEDL📊 Script: VEDL
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is giving Breakout of double bottom neckline on Monthly chart, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 414
🟢 Target 🎯🏆 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
VEDANTA : TARGET - Rs 420 - Rs 430 UPWARD MOVEMENTVedanta shares are trading high; despite a retracement, the stock has successfully passed the resistance level of 390s with significant volume and is expected to reach a new high of Rs 420 - 430. Furthermore, many brokerages have issued a perform signal for this stock.
VEDL is rockingThere is a one more stock Which is showing a great opportunity at a support in VEDL. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
H&S BREAKOUT IN VEDLVEDL has given H&S Breakout in daily chart with favourable RSI and Volumes.
Can buy now for Short term target of 280.
PS: Just for educational purpose.
Symmetrical Triangle Pattern VEDANTA Stock AnalysisThis stock create a Symmetrical Triangle Pattern . So it will break upper side also lower side.
In lower side our holding Stop loss will be at our support area 251-252.
Above 262.90 it will be bullish .
Now 262.90 is our resistance.
Todays move:
After a down move price take retrace at the trend line and make a good up move for intraday.
VEDATNTA Announce Dividends 1.00 rupees per share on 27 December 2023 .
BHARTI AIRTEL- BEARISH VIEWBharti airtel looking bearish.
It is farming channel breakout failure and retested resistance area .
Stop loss @1050(very small risk Daily candle close besis)
It is good time to short CMP@1032
1st target@960
2nd target@900
3rd target@850
4rt target@780
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
Bharti Airtel Ltd. engages in the provision of telecommunication, tower infrastructure, and direct-to-home digital television services. It operates through the following segments: Mobile Services India, Mobile Services South Asia, Mobile Services Africa, Airtel Business, Tower Infrastructure Services, Homes Services, Digital TV Services, and Others. The Mobile Services India segment covers voice and data telecom services provided through wireless technology in India. The Mobile Services South Asia segment covers operations in Sri Lanka and Bangladesh. The Mobile Services Africa handles the company's operations in Africa. The Airtel Business segment offers end-to-end telecom solutions being provided to large Indian and global corporations by serving as a single point of contact for all telecommunication needs across data and voice, network integration, and managed services. The Tower Infrastructure Services segment includes setting up, operating, and maintaining wireless communication towers in India. The Homes Services segment refers to services that cover voice and data communications through fixed-line network and broadband technology. The Digital TV Services segment consists of digital broadcasting services provided under the direct-to-home platform. The Others segment comprises of administrative and support services provided to other segments and also include Airtel payment bank operations. The company was founded by Sunil Bharti Mittal on July 7, 1995 and is headquartered in New Delhi, India.
VEDL can break multiyear consolidation.NSE:VEDL
VEDL is consolidating for near 13 years now. For these many years consolidation means complex correction in Elliott Wave Theory. I label the counts on chart it's clear that VEDL is on last phase of WXY corrective wave. But wave Y is not yet completed I think.
I think VEDL will go near demand zone at least for completion of wave Y which is also near 200 day exponential moving average.
Wave 3 is always strongest in price movement and in volume. So, after wave Y wave 3 of Supercycle wave will start to form.
In most of cases after this many years of consolidation stock moves sharply in it's main direction and in VEDL it will be bullish.
Good For Long Term
My targets for VEDL are:-
1) 800/- which is 1.618 reverse retracement of Supercycle wave 1.
2) 1300/- which is 2.618 reverse retracement of Supercycle wave 1.
VEDANTA LTD, 1D - Bullish Marubozu BONSE:VEDL Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha.
VEDL, 1D gave closing above Marabozu candle. The stock also formed triple bottom at 232 level and gave closing above neckline of triple bottom.
Entry : 241.40
Target : 255.50
SL : 231.50
RR : 1.4
THE PAIN IS ABOUT TO END HEREThe correction in the stock is about to over.
The long correction, took over a period of year or so...
But it shuld turn around for a bullish move from here on.
Keep an eye on this, we can just start accumulation slowly before we get confirmation.
Will keep updating going forward.
All the best guys.
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.
EXCITING BULLISH PATTERN📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Triangle
📌 Symbol/Asset: VEDL
🔍 Description:
Stock with Strong Hourly Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
