VEDANTA LIMITED NSE:​VEDL

Vedanta -May test 235. Gud buy abv 235 on closing basis on 1hr chart. SL-226

This trade has an insane risk to reward. Considering all commodity market are mean reversing as of now. CMP of VEDL is 215. One can aim for 300 level with CBSL at 200. The good part is - Being a metal and politically influenced power stock; it moves very slowly. You can do covered call by selling call options. Like 240 CE for this month along with future ...

Buy above 228 with the stop loss of 226. Targets are 230, 233 and 236.

Vedanta has been in a downtrend for sometime, despite strong fundamentals, amid global pressure on metals due to trade war and other macro-economic factors. We're in a squeeze and a break above the resistance trend line could deliver a great buying opportunity for this natural resources stock.

Trendline moving in upward direction but strong resistance at 248 levels. iF breaks it may go upto 287 levels

VEDL is bouncing off the life time Neckline also the channel edge.

All details on the chart, forecast done on the basis of wave analysis, and patterns. Will keep sending an update as and when there are possible possibilities on reversals..

NSE:VEDL my first share of life where i have invest and got 40% returns in 6 month... which make be invest more and learn in stock market... after a continued down move now it loos like its time mnow for vedl to trend back and show maket what it can do. :-) will add some QTY at this price and will add more from bottom and will add around 20% of my capital ...

VEDANTA : Positive Close above 252 can see a min upside of 20-25% Current Date : 13 sep'18 VEDANTA

Levels explained on chart..

long till profit target...

Short VEDL at CMP (232+) T1: 225 T2: 218 SL: 234.25

Need to breakout, inside bar.

We can see very good uptrend after the break of trendline, Do not buy before trendline break and take trade on price action setup

VEDANTA_____LONG After Months of under performance by Metal Index, last 2-3 weeks giving indication of a trend reversal. Metal Index has given breakout to its weekly descending Channel formation which indicates that now trend is reversing. Similarly i have picked Vedanta from metal index which is also giving the same indication and i are bullish on the stock ...

Clear B-OUT candle. Opportunity for trade. Trade is possible only after B-OUT in 15 min chart.

NSE:VEDL 4 HRS- CHART CLEAR B-OUT. TRADE OPPORTUNITY FOR MONDAY. 15 MIN CHART BOUT WILL CONFIRM

Check the chart.