VEDL trade ideas
Buy VEDLVEDL making higher highs and following an ascending channel on Hourly and higher time frame. Buy above 229.60
VEDL chart analysis for 1st Mar 2021 [READ THE DESCRIPTION]VEDL chart analysis for 1st Mar 2021
READ THIS: NONE of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency: https://trading kaivalya digital/papertrading.
3. If (or when) the stock moves 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a reversal.
3. After the day ends, come back and play back the candlesticks, if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
VEDL to take long entrywe can see the good buying opportunity at the BO level above 196 for the target price of 240 with the SL of 184. RSI is also at strength level above the 60. Wait for the confirmation candle to take the trade. This is for your educational purpose only.
Long VEDLVEDL
positive reversal ( Target 220 after 190)
23% fib + Trendline + avwap rejection confluence
inverted head and shoulder breakout on RSI at daily tf
Broken out and retested weekly resistance
Daily RSI taken support at 60
VEDL - Harmonic BF BullishVEDL is on the process of Harmonic Extended pattern ( Butterfly Pattern)
B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA.
As per this chart the target levels should be 193 and 229
VEDL - Long_11_01_2021VEDL
BUY ABOVE 190
STOPLOSS 160
TARGET Open
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VEDL- The Trend is your FriendYou can buy VEDL with target as marked in chart and initial stoploss below the support (as marked in chart) on closing basis.
Please use proper money management rules and trailing stoploss.
This idea is for educational purpose only. Please consult your financial advisor before investing.
Please support the idea by hitting 'Like' button. You can donate coins too.
👁👀 #vedl #vedabta keep your eye open NSE:VEDL
buy above current black line sl that below black line and trailing target is above red dash lines.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
