One can check VEDL for 30+ % Gain as the chart is showing. it is symmetric triangle breakout but market is too volatile so please must have a SL near 20 EMA or as per your comfortable. but still the volume is not supporting as per the requirement.
CMP : 330
TG : 430
SL : Below 20 EMA
Disclaimer : It is my personal view as a trader and for educational purpose...
Predicting Cup and Handle Format, if its break 315 Price Zone, then we can expect 35% upwards potential growth in NSE:VEDL .
This is for education purpose only, no indications for any sign for buy or sell call.
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...
#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 !!
Price 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....
1) On 1 day time frame, we can see that it came out from the resistance channel.
Also it came out from the neck line of rounding bottom pattern and closed above 350 level.
Next resistance is at 360 level.
Safe buy on sustainable breakout of 360 level.
Please refer below chart : 1day Time Frame. ...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
#NAUKRI trading near resistance and breaking the level and close above will give good momentum
One can try 7000 CE if closed above resistance.
Levels Perfectly captured & shared for FREE Everyday !!
Levels shared yesterday and results...
#MINDTREE - 16%
#IRCTC - 12%
#WIPRO - 11%
#VEDL - 8%
#GRASIM - 7%
All these stock levels shared and almost all...
60 min demand Rally Base Rally
4 hour time frame , there is a negative divergence that means price will take correction most probably
we will wait for price to come to our 60 min zone
entry should be inside the zone . zonal entry Limit Order. in this way maximum Reward can be aquired from this setup.
minimum 5 Reward can be easily achieved in this setup if it...
Note: This is for educational purpose only.
There seems to be a bullish flag breakout with high volume. RSI above 61 indicates bullish strength as well. There seems to be a consolidation before the breakout.
SL: ₹ 310
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...