VEDANTA LTD (VEDL) - Swing Trade - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:VEDL
Risk : Reward - 1:2
Entry - 342
Stop Loss - 309
Target - 417
If its break the trend line then keep trailing your stop loss and target accordingly.
This is for Educational Purpose only, apply your prudence & consult your adviser before investing.
#nse #swingtrade #nifty #vendanta #vedl
VEDL trade ideas
23% Target Potential | Vedanta Ltd | Swing Trade Vedanta Ltd, beautiful 23% target potential.
Reasons to Enter -
1. Taking Support at the 50 EMA
2. Trendline Support
3. Trendline Demand Area
4. Horizontal Demand Area
5. Risk Reward ratio = 12
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Vedanta On Daily Charts - Ready for upswingNSE:VEDL
Vedanta is making strong pattern on daily time frame. Go for Long from here.
Current Price: 341 rs
Good Entry Point: 330 - 345 rs
Target: 380 rs - 420 rs
Stop Loss: 318 rs (12 rs SL)
RSI: <60 (Not in over brought zone)
Probability: Positive for Long position
Risk Reward Ratio: 1:5
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
VEDL Ascending Triangle formedVEDL is consolidating between Triangle pattern.
A great chance to break out and further upmove,you have to wait.Waiting is the core factor,
1.First it will go down and touch the support and go up,(it's my assumption) you can watch the chart ,i clearly drew the patterns in the chart !!
(Above mentioned are education purpose only , do your analysis and take healthy trades 😊)
VEDANTA - INTRADAY SETUP - 10/01/2022VEDANTA -- Pick as intraday as on 10/01/2022 .. Technical Bullish indicators found on 15 min chart . stock has under perform till now .. trading at trendline and urge of breaking trendline ..Price trading above VWAP and good upmove around 3-4% can seen once trendline breakout on intraday basis on monday
RSI found Bullish if trendline breaks, RSI will trend above 60 and 60-80 is bullish area of RSI.
BULLISH TECHNICAL INDICATORS.
>> Sign of Trendline breakout
>> Price above VWAP
>> RSI Bullish
>> Double bottom seen on chart.
BUY VEDANTA above 339.25 ( price at confirm trendline breakout )
TARGET - 342-345-348
STOP LOSS 332.
* this idea can hep for technical study and analysis purpose. please do own analysis. take call at own risk. !!
WISH YOU HAPPY TRADING. !!
Vedanta- Trending to Move again.Vedanta Gap up the opening with a Bullish Kicker Pattern with above 20 SMA and RSI-13 above 60.
The stock is in an upward trend.
We can go for a Stoploss of 337.50/ Target -392 and BUY ABOVE - 361.20
Educational Purpose only.
The author is not responsible for any loss you make in the real market.