Bullish on Vedanta limited. RSI 58 bullish on a monthly basis RSI 65 on daily basis shows bullish but also not in overbought territory. CMP:-330 Accumulate in the range of 325-330 SL 319 for the very low-risk trader. Risky trader can keep SL of 305 level Target 1:- 350 Target 2:- 370
NSE:VEDL is experiencing a classic compression at the supply (VCP). The stock could move 30% or more if it breaks above 322 levels.
weekly trend in upward direction daily trend in upward direction 15 min trend in downward 5 min trend downward chance are very high to move in upward buy at 310 - target 314, 320 sale at 308 - target 305, 301
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Please buy this stock..good RR ratio...use money management