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VEDANTA LTD

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VEDL trade ideas

Vedanta - Bullish breakoutVedanta had a good breakout from the trendline, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:VEDLLong
by PrakWorld_Traders
8% in VEDL but be cautious 👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 🔥 Strategy : ✣ Parallel channel breakout on the D chart ✣ Beware of Monthly resistance near these levels ( IMP ) ✣ Nature is swing trade and Risk and entry depends on you :) as per your thinking and capital ✣ again turned from 50dema ✣ Settled above good fib levels and took support from 0.6 last barrier support ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions, and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. ☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
NSE:VEDLLong
by Averoy_Apoorv_Analysis
14
Elliott Wave - Wave extension rule This rules applies only for those waves where 3rd wave is extended . I will talk abt 1st and 5th wave extension and LD's with angles with examples in future . Now when ever u see a 5 wave structure draw a line joining wave 2 and wave 4 . If the impulse has to end then the 2-4 line will be broken in lesser or same time than it took to form wave 5 . And it should reach the minimum retracement of previous wave 4 of one lesser degree in the same or lesser time than it took for wave 5 to form . Regards
NSE:VEDL
by AJAYSHARMA
2