VEDL trade ideas
VEDANTA Daily Chart Analysis 04.12.2021TO AKSHAY DHULE14 Sir,
Thanks for your message and as far as Vedanta is in a consolidation zone for last few days and it has a support at 332 and 324 if it breaks the consolidation zone of 334 level. And as per weekly chart the stock looks weak for a fall. So trade carefully. According to me market invariably indecisive and at this time avoid futures and options until market turns bullish.
VEDL offers good Upside in Medium TermPrice is nearing its 52 weeks high with 7.1x above-average weekly deliveries.
With ARS & SRS Positive during almost 10% correction, VEDL could be a good Medium Term bet.
Vedanta higher higher structureVEDL Swing Trade >>
higher higher structure
Play with sl of 280 for target of 340/385
VEDANTA Daily Chart Analysis 25.11.2021Vedanta Posted Earlier once the stock above 348 level then target 375 is achievable and it made high of 373 level and closed at 367 level. Today made a fresh entry and also exited profitably. Hope all had a profitable trading day.
VEDANTA Daily Chart Analysis 23.11.2021Vedanta As per Daily Chart Analysis as broken the resistance 348 Level and now the target 375 should be achievable. Happy Trading to All.
vedanta rising channelas we can see the stock is moving good in channel and i have combined this move with bullish ab=cd all patterns have .618/1.618 values and now third ab -cd is in progress so it must bounce near 305 with stop of 293 for target of 420
good luck
Ak
ultiplier input(title="ATR Multiplier, type-input.float, step-2.5, defval-2.5) changeATR input (title-"Change ATR Calculation Method , type-input.bool, defval-trum)
showsignals input (title="teo Signals , type-input.bool, defval-false)
highlighting input(title="Highlighter On/Off ?", type-input.bool, defval-false)
atr2 sma(tr, Periods)
ate changeATR ? atr(Periods) : atr2 up-src-(Multiplier ate)
upl - nz (up ,up)
dn-src.(Multiplier atr)
E up close > up1 ? max(up, up1) : up
nl - nz(dn , dn)
dn t close dl ? 1 : trend 1 and close cupl 2-1: trend
upplot plot(trend-02 up: na, title="Up Trend", style-plot.style linebe, linewidth-2, color-color.green)
buySignal trend 1 and trend --
plotshape(buySignal ? up na, title="Leo Up", location location.belowbar, style-shape.triangleup, size-size.tiny, color color.blue,
plotshape (buySignal and showsignals up: na, title-"LONG", text-"long", location-location.absolute, style-shape.labelup, size-size.t
sellSignal trend -1 and trend 1
plotshape(sellSignal ? dn na, title="Leo Down", location-location.abovebär, style-shape.triangledown, size-size.tiny, color-color.bl
plotshape(sellSignal and showsignals ? dn na, title-"SHORT", text-"Short", location-location.absolute, style-shape.labeldown, size-s
Plot plot (ohlc4, title-, style-plot.style circles, linewidth-0)
longFillColor highlighting? (trend? color.green: color.white) color white
shortfillColor highlighting? (trend-color.red color, white): color white
alertcondition (buySignal, title-"Leo Buy", message-"Leo Buy") alertcondition(sellSignal, title="Leo sell", message="Leo sell")
changeCond trend 1- trend alertcondition(changeCond, title="teo Direction Change", message-"Trend has changed direction!")
VEDANTA Daily Chart Analysis 22.11.2021Vedanta has strong resistance at 345 level and once its broken then above 348 level and target is 375 level.
Buy Vedanta between 290-310As news involved in this stock please do consider before making any investment.
SL 280
Target 350 & 380
Bearish viewVedanta make bearish view after crossing it's resistance zone. if stock resist in this level and cross above that level then stock going to upside. In this scenario when stock is make bearish momentum and in its resistance zone we expect stock is going to sell zone. In monthly time frame stock make lower and lower. Stock can be sell if it's break the level of 280rs which i mentioned on chart. if it's break then we can seen the level of 240,200,160
Perfect Close on Trend LineView for Education Purpose only : Big Intraday Candle from high of 343 to low of 290 levels then a perfect close respecting the TREND Line - Let's see how it rolls ahead
Vedanta: Chart set up important level on hourly charts
Watch out for Stone cold 316
Take care & safe trading...!~!!
Ascending Triangle breakout soonAs per the Fib Retracement levels 340 level will be 50% retracement
Trade will activate from the hourly candle breakout of 332.50 levels
TARGETS(short term)
Target 1=340
Target 2=345
Target 3=350
TARGET (longterm)
Target1=367
Target2=390
Buy at 334 SL 327 TGT 343Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Vedl bounced back from 87.5% retracement zoneVedl bounced back from 87.5% retracement zone
Detailed analysis given on the chart
NSE:VEDL
Disclaimer: Holding it in our portfolio.
FOCUSAs you can see that this stock is at its daily support and at its monthly resistance the chances of breaking out it is pretty high . but consider entering only if theres any engulfing pattern . not some green candles . if panned out well .it will have a pretty impressive RRR. add to ur watchlist
Vedanta Ltd for LongVedanata Ltd is taking support from the trend line and is having a good resistance at level 316 to 318. A good opportunity to trade after the breakout
