vedl metal are in short mode following techincal analysis vedl is overall in short bias but somehow it's breaches it's first resistance and now followed by technical it's gonna move accordingly charts so let's see today.
VEDL trade ideas
VEDL - SYMMETRICAL TRIANGLE.Vedanta completed its triangle. Now in case of a upside breakout stock may go to 210-220 levels.In case of downside breakout it may go to 130-120 levels.
VEDL - Looks Good.Trend Line Support.
Bounced From Lower Bolinger Band.
Fibonacci.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
VEDL in ascending channelBuy at bottom channel and sell at top
RSI and channel combination working fine
VEDANTAVEDANTA APPEARS TO GET SUPPORT AT 174.3 AND IS MOVING IN UPWARD CHANNEL.
IF THE SUPPORT IS BREACHED THEN 167 IS DOWNSIDE TARGET.
IF IT STARTS MOVING UP, THEN 181.4 IS THE NEXT TARGET.
BETTER WAIT FOR PRICE TO CROSS 178 FOR GOING LONG IN THIS SCRIP.
Best Buy between 172-176 Stoploss 170 Target 190NSE:VEDL
After Long consolidation stock on verge of breakout above 172 if cross 179 then target 194
VEDL- LongI will go short term investment now - untill 200. I will leave it above 200 for a target of 320
VEDANTA | Ascending Triangle Ascending triangle pattern observed in Daily time frame. Purely from pattern standpoint it suggests confirmation for a possible Bull trend. However, looking closely at recent price action and Fibonacci levels, 170-174 looks to resist an up move. Hence a daily close above 174 would make the case for Bulls stronger. Alternatively, based on one's individual risk ability one can consider short with stop above 175.
