Vedanta - BUY - Channel move indicates +10% upside BUY Vedanta for 10% upside, which is its channel upper band. Delisting news can quickly get the target of 116-117
VEDL trade ideas
Keep an eye on Vendanta Ltd.If my trend line and triangle pattern is correct i am expecting a breakdown in trend line.
VEDL - textbook type uptrend after a fall.
This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I- have all the rights to be wrong on my views :)
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
vedl good to short below 104if open below 104 and hold their
vedl going down ,
1st target 101.85 and target 96.95
stop loss 111.1
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial adviser before taking position/decision.
VEDANTA Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
VEDL : A proper gainer_ Vedl is in the consolidation mode right now
_ You can clearly see consolidation happening if you check the 15 min time frame
_ If it breaks up, that'll be a clear shot bullish trend
_ Let's hope that it'll be a bullish breakout
VEDL - Bearish Cloud CoverNote: This is for educational purpose only.
The price of VEDL is moving in a channel but there is a bearish cloud cover formation in VEDL which indicates there is a bearish sentiment. Expecting price to touch the lower part of the channel. Based on the price action when price reaches at the lower part of the channel, further trend can be determined.
VEDL SHortIf it close below 100 then we can see to 96.5
To go long it must close above 104
Plan your trade according to your risk(View educational purpose).
Vedanta - sell at upper levelSell > 110
tg 103
daily clbs sl 112.6
buy If you get at lower levels
Buy < 98 upto 94
tg 116
Vedanta 08/06 Trade Setup Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This Chart idea is on Basis of Volume Breakout that doesn't mean the stock price can go up but yes has high probability to do so..
Intraday Players Can also take position using trailing SL
