For Swing TradeVedanta for selling. Shares has fallen and good for short it for swing if closing candle below horizontal line.
VEDL trade ideas
#Vedanta breakout in progressBullish divergence met target &daily rounding pattern breakout in progress and weekly approaching a very wide weekly W pattern breakout neckline. Cautious of a weekly bearish divergence emerging &use tight stop loss at rounding pattern neckline
Vedanta Monthly chart Analysis For long term There might be breakout happen at 300 and can go up.
As it's a monthly chart good for long term.
Target 1: 350
Target 2: 500
Stoploss: 250
For safe trade the second target wait for the breakout at 355-366 with a big Green candle.
VEDL - Keep a close watch for ATHAll the metal stocks have been on a tear this year, and Vedanta is no different.
While most of the them are currently at their all time highs, Vedanta is still far from its ATH made in 2010.
It is nearing its previous peak of 2018, which will act as a strong resistance zone.
Keep a close watch, and if the share closes above 355, we can expect smooth ride to 440.
Support is currently placed near 315 levels, which can be kept as a stop loss.
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FLAG N POLE PATTERN - VEDANTALook out for opportunities in Vedanta based on the flag and pole pattern formation, possibly on the long side.
#VEDL long opportunity#VEDL long opportunity
Target -350/400
SL -318
Timeframe - 3-6 months
CMP:@336
WAIT FOR A PULLBACK TO ENTER LONGS IN VEDLVEDL had a successful breakout on 29.07.21 and would have given around Rs 60 profit. Since the stock is an uptrend would it be prudent to enter now.
My thinking is since the stock has given a good profit in the push phase we should wait for a pull back to enter fresh longs.
Also we have a negative divergence. So wait and watch before committing to fresh longs.
Vedl Vedanta Ltd, Swing Setup Long60 min demand Rally Base Rally
4 hour time frame , there is a negative divergence that means price will take correction most probably
we will wait for price to come to our 60 min zone
entry should be inside the zone . zonal entry Limit Order. in this way maximum Reward can be aquired from this setup.
minimum 5 Reward can be easily achieved in this setup if it works in our favor.
Happy Trading.
Vedanta - Short term tradeWith commodities moving sharply after the US announced the new Infra bill..
Ved could break above the channel.
Long above 325. SL 315 Target 350.
Its a short term trade of of upto 5 days.
At that point vedanta could trigger a massive positional trade with a box breakout (resistance between 350-355) But we would have a nice margin of safety from this lower buy.
Would double the position above 355
10 Year Trend Line resistance break outVedanta just breaks 10 year resistance trend line with a breakout and high volume.
Short term target 255 rs
accumulate on dips
VEDL - Bullish Flag breakoutNote: This is for educational purpose only.
There seems to be a bullish flag breakout with high volume. RSI above 61 indicates bullish strength as well. There seems to be a consolidation before the breakout.
SL: ₹ 310
VEDL intraday trade idea for 4th August#VEDL entry and exit levels on the chart (refer black/blue lines). Place SL@0.5% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAY
VEDL - Price and Trend SetupVEDL is slowly rising towards 332 - 345 levels once again. Any breakout beyond these levels could give stock a fresh run to retest previous ATH.
inverted HEAD and SHOULDERAfter a long uptrend VEDL is in a correction for a decent period and has formed an Inverted Head and Shoulder pattern. Keeping an eye on it, waiting for breakout with high volume and rsi to show some strength and super trend to give buy signal.
VEDL THREE WHITE BULLISH CANDLE GIVEN BREAKOUT vedl going for 5th wave up targeting 318
and if sustains above 318 than will move towards 350 too
VEDANTA LTD MONTHLY BREAKOUT!!! Stock to look out for!!!1) Descending triangle pattern breakout
2) Pivot Points Camarilla R4 breakout
3) Golden cross in WEEKLY Chart
4) Net profit for the Jun-21 quarter grew 4-fold at Rs4,224cr on a yoy basis
5) PE RATIO: 9.64 PB RATIO:1.44 DIVIDENT YIELD:3.16%
Don't miss this Investment Opportunity!Don't miss this Investment Opportunity. Stock is making a W pattern on Monthly Time Frame and looking set for 385/500 in coming Months. Stay invested.
vendanta if vedanta can give a closing above 315 it touch the upper band of the zone otherwise it will take resistance and come down...there is a supply zone ahead
