VEDL
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.
VEDLVEDL approaching major resistance zone, it is likely to breakout, trade according to your setup and price action.
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...
VEDANTA LTD BUY NOWDon't miss the great BUY opportunity in VEDANTA LTD (VEDL)
Entry: 281
SL: 271
TP1: 300
TP2: 326
RR Ration: 1:4.5 Reward
VEDL Daily Looking bullishVEDL Daily has trendline breakout with 200 ema support on daily candle.
Good to buy at 309-312 range for target of 393,441 with sl of 263
VEDANTA - DAILY CHART - 11.08.2022 - BAHAVAN CAPITALVEDANTA As Per Daily Chart Analysis
Stock Above 260 for Target 325
Happy Profitable Trading ...
VEDLDisclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
VEDL - SWING TRADING - 21.07.2022 - BAHAVAN CAPITALVEDL Above 244 for a Target 440.
As per the Below Data
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976. 40 Cr DII Net Selling 100.73 Cr
I Anticipated FII Participation to increase and stock to move uptrend as per my post on 19.07.2022 and indeed its good to see FII everyday increased holding.
20.07.2022 FII Net Holding 1780.94 Cr DII Net Selling 230.22 Cr
21.07.2022 FII Net Holding 1799.32 Cr DII Net Selling 312.29 Cr
I only Share my opinions on the shares which i will buy and not for the sake of only publishing and not entering in any stock. VEDL had crossed above 244 and Iam holding as per my own buy call.
Happy Profitable Trading to All.
VEDL - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALVEDL is about to Break out and Buy Above 244 and Target 440.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend move for this month.
Will discontinue Intraday and focus on Swing Trading.
Happy Profitable Trading to All....
VEDL - Inverted HNS breakoutVEDL - neckline breakout.. Looking good above 240
Taken support at long term trend
#VEDL #VEDANTA swing trade opportunityNSE:VEDL
as per these harmonic pattern vedanta limited stock at harmonic PRZ. if find reversal in this PRZ one can accumulate 50% quantiti for long to mid term and swing trades also enter for swing trade with proper risk management.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Vedl for shortingWe saw a massive fall in vedl. it’s not over..
I already gave a analysis for short vedl from level of 400 for target until 300. Which is completed.
Now vedl consolidating at a support of 300.
If it breaks 280 we can short futures of vedl for target of 250 -220 with 10 rs sl.
VEDL Ascending Triangle !!NSE:VEDL
#VEDL formed ascending triangle post shared the level in TV, check the attached idea,
Worked as support and not look back again and delivered 11%, 27k in 300 CE options.
Levels marked on chart for practice.
Happy LEarning !!
VEDANTA LOOKING GOOD ABOVE 315Vedanta looking good above 315 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
VEDL further levels !!NSE:VEDL
#NSE:VEDL open with gap up and with a small pull back given good bullish mometum.
Resistance levels for the day marked for referrance.
Happy LEarning !!
VEDL Head & Shoulders on 1HVEDL has formed head and shoulders pattern on a trendline on Hourly chart. We wait for the trendline support at 390 to be broken for the selling pressure to take steam. Once broken, we can expect price to reach the measured move target of 350.
VEDL Short idea (Intraday)Price coming at support level. Below 415 can be a good possibility of downside. Analysis mentioned over chart.
Stock of the week is VedlStock of the week: Vedl
CMP: 378.45
SL: 353
Target: 390 / 400
This stock is respecting the short term uptrend line and RSI continues to trade above 50 level and making higher high which is indicating strength in the stock price movement.
SHORT-TERM BEARISH in VEDL !!#MONDAY#
#SHORT#
NSE:VEDL
@VK2413
{
VEDL tried to break its major resistance but failed.
we can clearly see it on WEEKLY candles.
it is on its way to form HEAD AND SHOLDER pattern.
head is forming form tomorrow....
LEVELS are given on the charts for TRADE..
}
Fallow @VK2413 ,❤️Like,✌️Share.
VEDL Heading toward all-time highPrice action in Vedanta (NSE: VEDL) looks strong as seen on this monthly chart. The stock seems to have broken out of this tilted trendline and is heading toward All-time high of 495-500 zone. Long can be initiated above 385 for 495 as the target. SL may be kept at Jan'22 low of 307.
Note that this is monthly chart and hence target & stop loss are relatively big. Also, time horizon is 3-6 months.
