VEDL trade ideas
MULTIYEAR BREAKOUT OF VEDLVEDL is going to breakout from 11 year trendline. Very good entry point is at the trendline level and minimum target would be 491.
Make a Long Position in Vedanta for few days see around 10% TGTFeel free to share with your family friends.
VEDL LONGA swing Trade can be taken in Vedanta. At this particular price the RR looks really attractive.
Vedanta , Long , Falling wedge What is Falling Wedge chart pattern?
Rising and falling wedges are a technical chart pattern used to predict trend continuations and trend reversals. The falling wedge is a generally bullish pattern signalling that one will likely see the price break upwards through the wedge and move into an uptrend.
How does it work?
The falling wedge is a bullish stock pattern that begins wide at the top and contracts as prices move lower. It occurs when the price is making lower highs and lower lows which form two contracting lines. The falling wedge usually precedes a reversal to the upside, and this means that you can look for potential buying opportunities.
Volume decreases during the formation of the wedge and should expand on the breakout.
vedanta come in buying zone. Accumulateaccumulate vedanta from here till 240.. upside more probable than downside very good stock with high dividend yield.
VEDANTA LTD 1 HOUR TIME FRAME VEDANTA LTD POSITIONAL)
01-06-2021
TIME FRAME :1 HOUR
ENTRY : BUY ABOVE 275
STOP LOSS :268.5
TARGET :280/285
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Note: we are not SEBI registered investment advisor. don't take any decision individually.
kindly do your own research or consult your financial advisor before taking any financial decision.
Bullish Flag breakout Vedanta is bullish and on 1 hr chart it has given breakout: blue Zig zag line (pole) and a flag (symmetric triangle)
Trading opportunity in Vedanta LimitedStock 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.
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vedl - Expecting a big break. Price slicing down and the pressure is building up for the break, one can expect a good break in this stock in the coming sessions.
Vedanta Intraday setup for MondayVEDL intraday setup for Monday 24 may 2021, trade at your own risk, published for educational purposes only.
